Edgar Filing: EVOLVING SYSTEMS INC

As filed with the Securities and Exchange Commission on May 23, 2001
Registration No. 333-________

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

EVOLVING SYSTEMS, INC.
(Exact name of registrant as specified in its charter)

Delaware 84-1010843
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)

9777 Mt. Pyramid Court
Englewood, Colorado 80112
(303) 802-1000 (Zip Code)
(Address of principal executive offices)

Amended and Restated Stock Option Plan
Employee Stock Purchase Plan
(Full title of plan)

With a copy to:
George A. Hallenbeck Charles D. Maguire, Jr., Esq.
Chief Executive Officer and Holme Roberts & Owen LLP
Chairman of the Board 1700 Lincoln Street
Evolving Systems, Inc. Suite 4100
9777 Mt. Pyramid Court Denver, Colorado 80203
Englewood, Colorado 80112 (303) 861-7000
(303) 802-1000
(Name and address of agent for service)
(Telephone number, including area code, of agent for service)

CALCULATION OF REGISTRATION FEE
------------------------- ---------------------- ----------------------- ---------------------- ----------------------
PROPOSED MAXIMUM PROPOSED MAXIMUM
OFFERING PRICE PER AGGREGATE OFFERING
TITLE OF SECURITIES TO SHARE (3) PRICE(3) AMOUNT OF
BE REGISTERED AMOUNT TO BE REGISTRATION FEE
REGISTERED
------------------------- ---------------------- ----------------------- ---------------------- ----------------------

Common Stock (par value 1,000,000 (1) $3.35 $3,852,500 $963.13
$.001) 150,000 (2)
------------------------- ---------------------- ----------------------- ---------------------- ----------------------

(1) Increase in authorized number of shares underlying the Amended and
Restated Stock Option Plan.

(2) Increase in authorized number of shares underlying the Employee Stock
Purchase Plan.

(3) Estimated solely for the purpose of calculating the amount of the
registration fee pursuant to Rules 457(c) and (h)(1) based upon the
average of the high and low prices of the Registrant's Common Stock on
May 18, 2001, as reported on The Nasdaq Stock Market (National Market).

Form S-8 Pursuant to General Instruction E

This Form S-8 is filed with the Securities and Exchange Commission (the
"Commission") pursuant to General Instruction E to Form S-8. The contents of the
earlier Registration Statement on Form S-8, Registration Nos. 333-82473,
333-58285 and 333-60779 are hereby incorporated by reference into this Form S-8.
All capitalized terms not defined herein shall have the same meaning as set
forth in the Forms S-8.

Item 8. Exhibits

5.1 Legal Opinion of Holme Roberts & Owen LLP
23.1 Consent of PricewaterhouseCoopers LLP
23.2 Consent of Holme Roberts & Owen is included in Exhibit 5.1
24.1 Power of Attorney is included in the signature pages.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the
registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing on Form S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in Englewood, Colorado, on the 22nd day of May, 2001.

EVOLVING SYSTEMS, INC.

By: /s/ George A. Hallenbeck
-------------------------
Name: George A. Hallenbeck
Title: Chief Executive Officer and
Chairman of the Board

We, the undersigned officers and directors of Evolving Systems, Inc.
hereby severally constitute and appoint David R. Johnson and Anita T. Moseley,
and each of them singly, our true and lawful attorneys, with full power to them
and each of them singly, to sign for us in our names in the capacities indicated
below, all pre-effective and post-effective amendments to this Registration
Statement and any abbreviated Registration Statement in connection with this
Registration Statement, including but not limited to any Registration Statement
filed to register additional Common Stock which may be acquired pursuant to the
Amended and Restated Stock Option Plan and the Employee Stock Purchase Plan; and
to file the same, with all exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission; and to sign all
documents in connection with the qualification and sale of the Common Stock with
Blue Sky authorities and with the The Nasdaq Stock Market (National Market);
granting unto said attorneys-in-fact full power and authority to perform any
other act on behalf of the undersigned required to be done in the premises,
hereby ratifying and confirming all that said attorneys-in-fact lawfully do or
cause to be done by virtue hereof. Pursuant to the requirements of the
Securities Act of 1933, this Form S-8 has been signed by the following persons
in the capacities and on the dates indicated:

NAME TITLE DATE

/s/ George A. Hallenbeck Chief Executive Officer and May 22, 2001
--------------------------
George A. Hallenbeck Chairman of the Board
(Principal Executive Officer

/s/ David R. Johnson Senior Vice President of Finance, May 22, 2001
--------------------------
David R. Johnson Chief Financial Officer and
Treasurer (Principal Financial
and Accounting Officer)

/s/ Donald R. Dixon Director May 22, 2001
--------------------------
Donald R. Dixon

/s/ Robert J. Loarie Director May 22, 2001
--------------------------
Robert J. Loarie

/s/ David J. Molny Director May 21, 2001
--------------------------
David J. Molny

/s/ James M. Ross Director May 22, 2001
--------------------------
James M. Ross

/s/ Edward H. Sproat Director May 22, 2001
--------------------------
Edward H. Sproat

EXHIBIT INDEX

Exhibit
Number Description