UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
( ) Form 3 Holdings Reported
( ) Form 4 Transactions Reported
1. Name and Address of Reporting Person
Nafus, Edward C.
c/o CSG Systems International, Inc.
7887 E. Belleview Avenue
Suite 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
December 1998
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Executive Vice President
7. Individual or Joint/Group Reporting (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 |
|Date |Code| | Beneficially |(D)or | |
| | | | A/| | Owned at |Indir | |
| | | Amount | D | Price | End of Year |ect(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock | | | | | |3,000 |D | |
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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 |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|ice 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 | | | Amount | |ble | | | |Year |(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Nonqualified Stock Optio|$53.4375|11.17|A |38,129 |A |** |11.17|Common Stock|38,129 |$53.437|128,609 |D | |
ns* | |.98 | | | | |.08 | | |5 | | | |
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Incentive Stock Options*|$53.4375|11.17|A |1,871 |A |** |11.17|Common Stock|1,871 |$53.437|11,391 |D | |
| |.98 | | | | |.08 | | |5 | | | |
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</TABLE>
Explanation of Responses:
*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.
**The options reported in Table II, granted on 11.17.98, are exercisable in two
equal, annual installments beginning
on 11.17.02 and are subject to the terms and provisions of the 1996 Stock
Incentive Plan of CSG Systems
International,
Inc.
SIGNATURE OF REPORTING PERSON
Edward C. Nafus
DATE
February 15, 1999
