MOSELEY ANITA 4
4 · EVOLVING SYSTEMS INC · Filed Jan 4, 2011
Insider Transaction Report
Form 4
MOSELEY ANITA
Sr. V.P. and General Counsel
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2011-01-02−24,999→ 0 totalExercise: $5.70Exp: 2011-01-02→ Common Stock (24,999 underlying) - Exercise/Conversion
Common Stock (Direct)
2011-01-02$5.70/sh+24,999$142,494→ 48,135 total - Tax Payment
Common Stock (Direct)
2011-01-02$8.32/sh−17,127$142,497→ 31,008 total
Footnotes (3)
- [F1]Ms. Moseley exercised options to purchase 24,999 shares of the Company's common stock. The options were set to expire on January 2, 2011. As approved by the Company's Compensation Committee, Ms. Moseley elected to pay the exercise price of the options ($142,494) by having the Company withhold 17,127 shares having a fair market value equal to the total exercise price. Ms. Moseley retained the remaining 7,872 shares.
- [F2]14,062 shares vested on April 4, 2004; the remaining 10,937 shares fully vested on July 3, 2005.
- [F3]Options are granted without payment of consideration.