SEC Form 4 · accession 0001214659-16-010253
EVOLVING SYSTEMS INC · EVOL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel J Moorhead
Officer — CFO
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 4:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001052054
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 2,300 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2,F1 | $5.28 | Mar 9, 2016 | A | 50,000 | A | Jun 9, 2016 | Mar 8, 2026 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1The shares vest in equal quarterly installments over a four-year period, beginning June 9, 2016.
- F2Employee stock options are granted without payment of consideration.