EVOLVING SYSTEMS INC 4
4 · EVOLVING SYSTEMS INC · Filed Mar 14, 2017
Insider Transaction Report
Form 4
OROS DAVID S
Director
Transactions
- Award
Common Stock
2017-03-10$0.00/sh+20,000$20→ 205,345 total
Footnotes (2)
- [F1]This is a grant of restricted stock vesting over a four-year period, with one-fifth vesting on January 1, 2018 and the balance vesting in equal increments beginning in March 2018 through March 2021. Restrictions on 40% of the Award will lapse (shares will vest) based upon achievement by the Company of annual performance targets established by the Board of Directors.
- [F2]Nominal consideration of par value ($.001) per share was paid for the restricted stock.