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"Insiders might sell their shares for any number of reasons, but they buy them for only one:
they think the price will rise" - Peter Lynch ==>> What is insider trading>> |

| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded | Average Price | Total Amount |
Shares Ownership |
Filing |
| 2005-03-14 Purchase |
2005-03-15 12:03 pm | EVOLVING SYSTEMS INC | EVOL | NICOL DAVID J (Director) | 4,000 | $2.788 | $11,151 | 10,000 (Direct) | View |
| 2004-08-30 Purchase |
2004-09-01 2:33 pm | EVOLVING SYSTEMS INC | EVOL | NICOL DAVID J (Director) | 3,500 | $3 | $10,500 | 6,000 (Direct) |
View |
| 2004-05-28 Purchase |
2004-06-02 10:34 am |
EVOLVING SYSTEMS INC | EVOL | NICOL DAVID J (Director) | 2,500 | $4 | $10,000 | 2,500 (Direct) |
View |
| Transaction & Date | Reported Date | Company | Symbol | Insider Relationship |
Shares Traded | Average Price |
Total Amount | Shares Ownership | Filing |
| 2007-12-18 Option Award(A) | 2008-03-17 6:58 pm | EVOLVING SYSTEMS INC | EVOL | NICOL DAVID J (Director) | 5,000 | $0.001 | $5 | 15,000 (Direct) |
View |
| 2007-12-18 Option Award |
2007-12-20 5:39 pm | EVOLVING SYSTEMS INC | EVOL | NICOL DAVID J (Director) | 5,000 | $5 | $25,000 | 15,000 (Direct) | View |
| Transaction & Date |
Reported Date | Exercisable Expiration |
Company | Symbol | Insider Relationship | Shares Traded | Conversion Price |
Shares Ownership | Filing |
| 2007-06-19 Option Award | 2007-06-20 6:26 pm | N/A 2017-06-18 |
EVOLVING SYSTEMS INC | EVOL | NICOL DAVID J (Director) | 10,000 | $2.36 | 10,000 (Direct) |
View |
| 2005-12-28 Option Award |
2005-12-29 4:58 pm | N/A 2015-12-27 |
EVOLVING SYSTEMS INC | EVOL | NICOL DAVID J (Director) | 40,000 | $2.15 | 40,000 (Direct) | View |
| 2005-05-16 Option Award |
2005-05-18 1:58 pm |
N/A 2015-05-15 |
EVOLVING SYSTEMS INC | EVOL | NICOL DAVID J (Director) | 10,000 | $1.95 | 10,000 (Direct) |
View |
| 2004-11-02 Option Award |
2004-11-04 11:48 am |
N/A 2014-11-01 |
EVOLVING SYSTEMS INC | EVOL | NICOL DAVID J (Director) | 10,000 | $4.64 | 10,000 (Direct) | View |
| 2004-03-17 Option Award |
2004-03-19 11:59 am | N/A 2014-03-16 |
EVOLVING SYSTEMS INC | EVOL | NICOL DAVID J (Director) | 30,000 | $7.99 | 30,000 (Direct) | View |
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