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CSG SYSTEMS INTERNATIONAL INC Director's Dealing 2012

Mar 19, 2012

31739_dirs_2012-03-19_01d19c64-6e22-4f3a-b95f-845946e9a835.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CSG SYSTEMS INTERNATIONAL INC (CSGS)
CIK: 0001005757
Period of Report: 2012-03-16

Reporting Person: KALAN PETER E (CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-16	Common Stock	F	5181	$15.91	Disposed	445503	Direct
2012-03-16	Common Stock	F	5107	$15.91	Disposed	440396	Direct

Footnotes

F1: 16,667 shares of restricted stock held by Mr. Peter E. Kalan vested on March 16, 2012. The sold shares reported on this form represent those shares sold to cover a portion of the personal income taxwithholding
requirements as a result of such vesting.

F2: 12,500 shares of restricted stock held by Mr. Peter E. Kalan vested on March 16, 2012. The sold shares reported on this form represent those shares sold to cover a portion of the personal income taxwithholding
requirements as a result of such vesting.