KING JAMES E 4
4 · EVOLVING SYSTEMS INC · Filed Jan 11, 2010
Insider Transaction Report
Form 4
KING JAMES E
VP Worldwide Sales & Marketing
Transactions
- Award
Employee Stock Option (right to buy)
2010-01-07+7,000→ 7,000 totalExercise: $6.16Exp: 2020-01-06→ Common Stock (7,000 underlying) - Award
Common Stock
2010-01-07$0.00/sh+2,500$3→ 7,500 total
Footnotes (5)
- [F1]This is a grant of restricted stock which will vest quarterly over approximately four years, on each March 10, May 10, August 10 and November 10.
- [F2]Nominal consideration of par value ($.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 April 7, 2010.
- [F5]Employee stock options are granted without payment of consideration.