EVOLVING SYSTEMS INC 4
4 · EVOLVING SYSTEMS INC · Filed Jun 10, 2009
Insider Transaction Report
Form 4
GARTSIDE STEPHEN K JR
Director
Transactions
- Award
NQ Stock Option (Right to Buy)
2009-06-09+10,000→ 10,000 totalExercise: $2.35Exp: 2019-06-08→ Common Stock (10,000 underlying)
Holdings
- 115,285
Common Stock
Footnotes (2)
- [F1]The shares vest in four equal quarterly installments over a 12-month period beginning September 9, 2009.
- [F2]The Reporting Person received stock options pursuant to the compensation arrangement approved by the Board of Directors for non-employee Directors. Under the arrangement, non-employee board members who have served on the Board for six (6) months are awarded an annual stock option grant for 10,000 common shares on the date of the Company's Annual Meeting of Stockholders. The options were granted without payment of consideration.