EVOLVING SYSTEMS INC 4
4 · EVOLVING SYSTEMS INC · Filed Dec 20, 2007
Insider Transaction Report
Form 4
Cochran Stuart John
V.P. Activation & Mediation
Transactions
- Award
Employee Stock Option (Right to Buy)
2007-12-18+22,500→ 22,500 totalExercise: $2.32Exp: 2017-12-17→ Common Stock (22,500 underlying) - Award
Common Stock
2007-12-18$7.50/sh+7,500$56,250→ 14,783 total
Footnotes (4)
- [F1]This is a grant of restricted stock which will vest quarterly over approximately four years, on each March 10, May 10, August 10 and November 10.
- [F2]Nominal consideration of par value ($.001) per share was paid for the restricted stock.
- [F3]The shares vest in equal quarterly installments over a 4-year period, beginning on March 18, 2008.
- [F4]Employee stock options are granted without payment of consideration.