SEC Form 4 · accession 0001127602-17-008760
CSG SYSTEMS INTERNATIONAL INC · CSGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian A. Shepherd
Officer — EVP, Pres Global Brdbnd, Cable
Period of report
Feb 23, 2017
Accepted (ET)
Feb 27, 2017 · 6:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001005757
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 23, 2017 | A | 14,296 | $39.87 | A | 38,815 | D | |
| Common Stock | Feb 23, 2017 | A | 9,531 | $39.87 | A | 48,346 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These awards are governed by a Restricted Stock Award Agreement between the Company and the executive. Generally, shares vest only upon the achievement of objective performance goals over a three-year period. All or a portion of these shares may vest only upon satisfying certain performance criteria specified in the associated restricted stock award agreement. Criteria used in these agreements include: (i) Adjusted Earnings per Share; (ii) revenue targets; and, under specified conditions, achievement of targeted total shareholder return levels measured at the end of the three year period.