UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. _____________)*
Evolving Systems, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
30049R100
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(CUSIP Number)
December 31, 2000
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(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).
Page 1 of 5 pages
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CUSIP No. 30049R100 13G Page 2 of 5 Pages
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1 NAME 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 OF A GROUP*
(a) [_]
(b) [_]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 977,673
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 0
WITH
-------------- 7 SOLE DISPOSITIVE POWER
977,673
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
977,673
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
[_]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.63%
12 TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS
Page 2 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:
30049R100
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 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)[_] An 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;
Page 3 of 5 pages
(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).
Item 4. Ownership.
(a). Amount Beneficially Owned:
977,673 shares of Common Stock*
(b). Percent of Class:
7.63%
(c). Number of shares as to which such person has:
(i). Sole power to vote or to direct the vote:
977,673 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:
977,673 shares of Common Stock
(iv). Shared power to dispose or to direct the disposition of:
Not applicable
* Includes 951,168 shares held by Information Associates, L.P.
("IA, L.P.") and 26,505 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.
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.
Page 4 of 5 pages
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company.
Not applicable.
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 13, 2001.
TRIDENT CAPITAL MANAGEMENT, L.L.C.
By: /s/ Bonnie N. Kennedy
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Name: Bonnie N. Kennedy
Title: Chief Financial Officer
Page 5 of 5 pages