Mark Szynkowski - Jan 21, 2022 Form 4 Insider Report for EVOLVING SYSTEMS INC (EVOL)

Role
SVP FINANCE
Signature
/s/ Mark Szynkowski
Stock symbol
EVOL
Transactions as of
Jan 21, 2022
Transactions value $
$45
Form type
4
Date filed
1/25/2022, 05:23 PM
Next filing
Jan 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVOL Common Stock Award $45.00 +45K +600% $0.00* 52.5K Jan 21, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This is a grant of restricted stock vesting over three (3) years; one-third vesting immediately; one-third vesting in one year (1/21/2023); and the final one-third vesting in two years (1/21/2024). The stock will vest immediately upon a Change of Control of the company.
F2 Nominal consideration of par value ($0.001) was paid for the restricted stock.