Cochran Stuart John 4
4 · EVOLVING SYSTEMS INC · Filed Jan 11, 2010
Insider Transaction Report
Form 4
Cochran Stuart John
V.P. Activation & Mediation
Transactions
- Award
Common Stock
2010-01-07$0.00/sh+5,000$5→ 16,141 total - Award
Employee Stock Option (Right to Buy)
2010-01-07+12,750→ 12,750 totalExercise: $6.16Exp: 2020-01-06→ Common Stock (12,750 underlying)
Footnotes (5)
- [F1]This is a grant of restricted stock which will vest quarterly over approximately four years, on each March 10, May 10, August 10 and November 10.
- [F2]Nominal consideration of par value ($.001) per share was paid for the restricted stock.
- [F3]This line reflects the award of January 7, 2010, and the total number of shares owned by the reporting person after the 1-for-2 reverse stock split effective July 21, 2009.
- [F4]The shares vest in equal quarterly installments over a 4-year period, beginning on April 7, 2010.
- [F5]Employee stock options are granted without payment of consideration.