CSG SYSTEMS INTERNATIONAL INC — Director's Dealing 2012

Feb 24, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CSG SYSTEMS INTERNATIONAL INC (CSGS)
CIK: 0001005757
Period of Report: 2012-02-22

Reporting Person: Ruble Joseph Thomas (EVP, Gen Counsel, Sectry & CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-22	Common Stock	S	100	$16.11	Disposed	91238	Direct
2012-02-22	Common Stock	S	300	$16.12	Disposed	90938	Direct
2012-02-22	Common Stock	S	500	$16.125	Disposed	90438	Direct
2012-02-22	Common Stock	S	200	$16.13	Disposed	90238	Direct
2012-02-22	Common Stock	S	100	$16.15	Disposed	90138	Direct
2012-02-22	Common Stock	S	100	$16.16	Disposed	90038	Direct
2012-02-22	Common Stock	S	100	$16.17	Disposed	89938	Direct
2012-02-22	Common Stock	S	100	$16.189	Disposed	89838	Direct
2012-02-22	Common Stock	S	307	$16.20	Disposed	89531	Direct
2012-02-22	Common Stock	S	100	$16.21	Disposed	89431	Direct
2012-02-22	Common Stock	S	300	$16.22	Disposed	89131	Direct
2012-02-22	Common Stock	S	700	$16.23	Disposed	88431	Direct
2012-02-22	Common Stock	S	100	$16.24	Disposed	88331	Direct
2012-02-22	Common Stock	F	1360	$16.36	Disposed	86971	Direct

Footnotes

F1: The shares sold in Table 1 are pursuant to a 10b5-1 plan.

F2: The shares sold in Table 1 are pursuant to a 10b5-1 plan.

F3: The shares sold in Table 1 are pursuant to a 10b5-1 plan.

F4: The shares sold in Table 1 are pursuant to a 10b5-1 plan.

F5: The shares sold in Table 1 are pursuant to a 10b5-1 plan.

F6: The shares sold in Table 1 are pursuant to a 10b5-1 plan.

F7: The shares sold in Table 1 are pursuant to a 10b5-1 plan.

F8: The shares sold in Table 1 are pursuant to a 10b5-1 plan.

F9: The shares sold in Table 1 are pursuant to a 10b5-1 plan.

F10: The shares sold in Table 1 are pursuant to a 10b5-1 plan.

F11: The shares sold in Table 1 are pursuant to a 10b5-1 plan.

F12: The shares sold in Table 1 are pursuant to a 10b5-1 plan.

F13: The shares sold in Table 1 are pursuant to a 10b5-1 plan.

F14: 4,375 shares of restricted stock held by Mr. Joseph T. Ruble vested on February 22, 2012. The sold shares reported on this form represent those shares sold to cover a portion of the personal income tax withholding requirements as a result of such vesting.