CSG SYSTEMS INTERNATIONAL INC — Director's Dealing 2013

Feb 8, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CSG SYSTEMS INTERNATIONAL INC (CSGS)
CIK: 0001005757
Period of Report: 2013-02-07

Reporting Person: OBUCHOWSKI JANICE I (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-07	Common Stock	M	20000	$12.20	Acquired	53986	Direct
2013-02-07	Common Stock	S	200	$19.275	Disposed	53786	Direct
2013-02-07	Common Stock	S	400	$19.29	Disposed	53386	Direct
2013-02-07	Common Stock	S	2100	$19.33	Disposed	51286	Direct
2013-02-07	Common Stock	S	400	$19.335	Disposed	50886	Direct
2013-02-07	Common Stock	S	700	$19.34	Disposed	50186	Direct
2013-02-07	Common Stock	S	300	$19.37	Disposed	49886	Direct
2013-02-07	Common Stock	S	14800	$19.42	Disposed	35086	Direct
2013-02-07	Common Stock	S	200	$19.43	Disposed	34886	Direct
2013-02-07	Common Stock	S	300	$19.44	Disposed	34586	Direct
2013-02-07	Common Stock	S	100	$19.4625	Disposed	34486	Direct
2013-02-07	Common Stock	S	500	$19.48	Disposed	33986	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-07	Non-qualified Stock Option (Right to Buy)	$12.20	M	20000	Disposed	2013-05-12	Common Stock (20000)	Direct