CSG SYSTEMS INTERNATIONAL INC — Director's Dealing 2014

Aug 22, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CSG SYSTEMS INTERNATIONAL INC (CSGS)
CIK: 0001005757
Period of Report: 2014-08-20

Reporting Person: Hughes John L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-20	Common Stock	A	2800	$27.60	Acquired	14638	Direct
2014-08-21	Common Stock	F	1200	$28.19	Disposed	13438	Direct

Footnotes

F1: 2,800 shares of restricted stock were granted to John L.M. Hughes on August 20, 2014. All 2,800 shares vest on the first anniversary of the grant date.

F2: 4,000 shares of restricted stock held by Mr. John L.M. Hughes vested on August 21, 2014. The sold shares reported on this form represent those shares sold to cover a portion of the personal income tax withholding requirement as a result of such vesting.