GOSAL JULIE 4
4 · EVOLVING SYSTEMS INC · Filed Sep 26, 2017
Insider Transaction Report
Form 4
GOSAL JULIE
SVP Finance
Transactions
- Award
Common Stock
2017-09-25$0.00/sh+7,500$8→ 7,500 total - Award
Employee stock option (right to buy)
2017-09-25+50,000→ 50,000 totalExercise: $4.65From: 2018-09-25Exp: 2027-09-24→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]This is a grant of restricted stock vesting over a four-year period, with one-quarter vesting on the one-year anniversary of the grant, and the balance vesting quarterly over the remaining three years.
- [F2]Nominal consideration of par value ($.001) per share was paid for the restricted stock.
- [F3]One-quarter of the options vest on September 25, 2018; the remaining options vest in quarterly installments beginning December 25, 2018.
- [F4]Employee stock options are granted without payment of consideration.