That has to be done exactly right. One tooth off and it won't likely start, or it'll sound like you put a lumpy cam in a V8 if it does. You will have to retime it once installed correctly. Installation should be done at TDC for cylinder 1, and TDC per the cams. Align the drill mark on the CPS gear with the groove in the housing and reinsert. You should notice the inductive pickups point directly at the points on the rotor in the CPS as in the second picture when aligned correctly.

If it moves when you insert the CPS, you slipped a tooth and can try again. You have to compensate a bit too as it will rotate as the gears engage. The adjustment bolt should be near the middle of the adjustment range and the inductive pickup pointed like the picture. It can be a giant pain in the ass the first time to get it to sit correctly, and I find I have to hunt around a bit while inserting it to get it to seat correctly. Keep trying, eventually it seats.