Mark Paul Szynkowski - 21 Jan 2022 Form 4 Insider Report for EVOLVING SYSTEMS INC

Role
SVP FINANCE
Signature
/s/ Mark Szynkowski
Issuer symbol
N/A
Transactions as of
21 Jan 2022
Net transactions value
+$45
Form type
4
Filing time
25 Jan 2022, 17:23:17 UTC
Next filing
27 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVOL Common Stock Award $45 +45,000 +600% $0.001000* 52,500 21 Jan 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.