UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Hansen, Neal C.
c/o CSG Systems International, Inc.
7887 E. Belleview Ave., Ste. 1000
Englewood, CO 80111
USA
2. Issuer Name and Ticker or Trading Symbol
CSG Systems International, Inc.
CSGS
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
October 1998
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Chairman of the Board & CEO
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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<S> <C> <C> <C><C> <C> <C> <C> <C> <C>
Common Stock |10.26.|S | |7,500 |D |$52.8675 | |D | |
|98 | | | | | | | | |
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Common Stock |10.27.|S | |2,500 |D |$52.4925 |857,134 |D | |
|98 | | | | | | | | |
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Common Stock |10.26.|S | |11,250 |D |$52.8675 | |I |Owned by limited partnershi|
|98 | | | | | | | |p* |
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Common Stock |10.27.|S | |3,750 |D |$52.4925 |645,000 |I |Owned by limited partnershi|
|98 | | | | | | | |p* |
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Common Stock | | | | | | |51,204 |I |Owned by Spouse* |
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<CAPTION>
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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<S> <C> <C> <C> <C><C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Nonqualified Stock Opt| | | | | | | | | | | |186,634 |D | |
ions** | | | | | | | | | | | | | | |
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Incentive Stock Option| | | | | | | | | | | |25,616 |D | |
s** | | | | | | | | | | | | | | |
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| | | | | | | | | | | | | | |
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</TABLE>
Explanation of Responses:
*The reporting person disclaims beneficial ownership of the Common Stock
reported in Table I as being owned by
his spouse and, except to the extent of his pecuniary interest therein, the
645,000 shares owned by a limited
partnership.
**All options become exercisable over either a four or five year period and are
subject to the terms and provisions
of the 1996 Stock Incentive Plan of CSG Systems International,
Inc.
SIGNATURE OF REPORTING PERSON
Neal C. Hansen
