-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TdzFEpo9g0KdVRyE7kQyYZF2I2p0evJ/t+GgmgOHRGxYD2qKV7anMKIE2svu0huq BVUTMHW4G/YlSN6/TW1QXQ== 0000912057-02-006304.txt : 20020414 0000912057-02-006304.hdr.sgml : 20020414 ACCESSION NUMBER: 0000912057-02-006304 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EVOLVING SYSTEMS INC CENTRAL INDEX KEY: 0001052054 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 841010843 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-54125 FILM NUMBER: 02549274 BUSINESS ADDRESS: STREET 1: 9777 MT PYRAMID COURT CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: 3038021000 MAIL ADDRESS: STREET 1: 9777 MT PYRAMID COURT CITY: ENGLEWOOD STATE: CO ZIP: 80112 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TRIDENT CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001045435 IRS NUMBER: 770413011 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2480 SAND HILL RD STREET 2: STE 201 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 6502334300 MAIL ADDRESS: STREET 1: 2480 SAND HILL RD STREET 2: STE 201 CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G/A 1 a2070994zsc13ga.htm SC 13G/A Prepared by MERRILL CORPORATION
QuickLinks -- Click here to rapidly navigate through this document

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

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*


Evolving Systems, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

30049R 10 0

(CUSIP Number)

December 31, 2001

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

        / /      Rule 13d-1(b)

        / /      Rule 13d-1(c)

        /x/      Rule 13d-1(d)

        *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

        The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



     
CUSIP NO.    30049R 10 0   13G   Page 2 of 5 Pages

     

(1)   Names of Reporting Person.
I.R.S. Identification No. of above person (entities only).

 

 

Trident Capital Management, L.L.C.
77-0413011

 

 

 

 

(2)   Check the Appropriate Box if a Member   (a)   / /
    of a Group*   (b)   / /

 

 

 

 

 

 

 

(3)   SEC Use Only

 

 

 

 

 

 

 

(4)   Citizenship or Place of Organization

 

 

Delaware

Number of Shares Beneficially Owned by Each Reporting Person With:   (5)   Sole Voting Power

 

 

 

 

 

 

1,037,676
       
        (6)   Shared Voting Power

 

 

 

 

 

 

0
       
        (7)   Sole Dispositive Power

 

 

 

 

 

 

1,037,676
       
        (8)   Shared Dispositive Power

 

 

 

 

 

 

0

(9)   Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

1,037,676

 

 

 

 

(10)   Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    / /

 

 

 

 

 

 

 

(11)   Percent of Class Represented by Amount in Row (9)

 

 

7.87%

 

 

 

 

(12)   Type of Reporting Person (See Instructions)

 

 

OO

 

 

 

 



     
CUSIP NO.    30049R 10 0   13G   Page 3 of 5 Pages

     

ITEM 1.

(a)   Name of Issuer

 

 

Evolving Systems, Inc.
   
(b)   Address of Issuer's Principal Executive Offices

 

 

9777 Mt. Pyramid Court, Englewood, Colorado 80112
   

ITEM 2.

(a)   Name of Person Filing

 

 

Trident Capital Management, L.L.C.
   
(b)   Address of Principal Business Office or, if none, Residence

 

 

505 Hamilton Avenue, Suite 200, Palo Alto, CA 94301
   
(c)   Citizenship

 

 

Delaware
   
(d)   Title of Class of Securities

 

 

Common Stock
   
(e)   CUSIP Number

 

 

30049R 10 0
   
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR RULE 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

(a)

 

/ /

 

Broker or dealer registered under Section 15 of the Exchange Act.

(b)

 

/ /

 

Bank as defined in section 3(a)(6) of the Exchange Act.

(c)

 

/ /

 

Insurance company as defined in Section 3(a)(19) of the Exchange Act.

(d)

 

/ /

 

Investment company registered under Section 8 of the Investment Company Act.

(e)

 

/ /

 

An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).

(f)

 

/ /

 

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F).

(g)

 

/ /

 

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G).

(h)

 

/ /

 

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.

(i)

 

/ /

 

A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act.

(j)

 

/ /

 

Group, in accordance with Rule 13d-1(b)(1)(ii)(J).


     
CUSIP NO.    30049R 10 0   13G   Page 4 of 5 Pages

     

ITEM 4. OWNERSHIP

(a)   Amount beneficially owned:

 

 

 

 

1,037,676 shares of Common Stock*
       
(b)   Percent of class:

 

 

 

 

 
        7.87%
       
(c)   Number of shares as to which the person has:
         
    (i)   Sole power to vote or to direct the vote

 

 

 

 

1,037,676 shares of common Stock
       
    (ii)   Shared power to vote or to direct the vote

 

 

 

 

 
        Not applicable.
       
    (iii)   Sole power to dispose or to direct the disposition of

 

 

 

 

1,037,676 shares of Common Stock
       
    (iv)   Shared power to dispose or to direct the disposition of

 

 

 

 

Not applicable
       

 

 

* Includes 951,169 shares held by Information Associates, L.P. ("IA, L.P.") and 26,507 shares held by Information Associates, C.V. ("IA, C.V."). The reporting person is the sole general partner of IA, L.P. and the investment general partner of IA, C.V. The reported number also includes 60,000 shares held by Trident Capital Management, L.L.C. which are issuable upon the exercise of options that vest in 36 equal monthly installments.

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

        If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.    / /

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

         Not applicable.

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

        Not applicable.



     
CUSIP NO.    30049R 10 0   13G   Page 5 of 5 Pages

     

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

         Not applicable.

ITEM 9. NOTICE OF DISSOLUTION OF A GROUP

         Not applicable.

ITEM 10. CERTIFICATION

         Not applicable.


SIGNATURE

        After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 14, 2002   TRIDENT CAPITAL MANAGEMENT, L.L.C.

 

 

By:

 

/s/  
BONNIE N. KENNEDY      
    Name:   Bonnie N. Kennedy
    Title:   Chief Financial Officer



QuickLinks

SIGNATURE
-----END PRIVACY-ENHANCED MESSAGE-----