SC 13G/A
 

 
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 2)*
Evolving Systems, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
30049R100
(CUSIP Number)
December 31, 2007
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o Rule 13d-1(b)
þ Rule 13d-1(c)
o Rule 13d-1(d)
Page 1 of 4
 
* 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 disclosures provided in a prior cover page.
The information required on 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.
30049R100
 13G   Page 
2 
  of 
4

 

           
1   NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Karen Singer
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   1,854,692
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   1,854,692
       
WITH 8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,854,692
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  10.4%
     
12   TYPE OF REPORTING PERSON
   
  IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!

 

 

Page 3 of 4
             
Item 1(a).
  Name of Issuer:   Evolving Systems, Inc.    
 
            
Item 1(b).
  Address of Issuers’s Principal Executive Offices:   9777 Pyramid Court    
 
      Suite 100
Englewood, California 80112		    
 
            
Item 2(a).
  Name of Person Filing:   Karen Singer    
 
            
Item 2(b).
  Address of Principal Business Office or, if None, Residence:   212 Vaccaro Drive    
 
      Cresskill, NJ 07626    
 
            
Item 2(c).
  Citizenship:   United States    
 
            
Item 2(d).
  Title of Class of Securities:   Common Stock, $0.001 par value    
 
            
Item 2(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:
 
            
 
  Not Applicable, this statement is filed pursuant to 13d-1(c)        
 
            
Item 4.   OWNERSHIP: The reporting person has sole dispositive and voting power with respect to 1,854,692 shares of the reported securities as the trustee of Singer Children’s Management Trust.
 
            
 
  (a) 1,854,692        
 
            
 
  (b) 10.4%        
 
            
 
  (c) (i) sole voting power: 1,854,692        
 
            
 
       (ii) shared voting power: 0        
 
            
 
       (iii) sole dispositive power: 1,854,692        
 
            
 
       (iv) shared dispositive power: 0        
 
            
Item 5.   OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
 
            
 
  Not Applicable.        
 
            
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.        
 
            
Item 8.
  IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:        
 
            
 
  Not Applicable.        

 

 

Page 4 of 4
             
Item 9.
  NOTICE OF DISSOLUTION OF GROUP:        
 
            
 
  Not Applicable.        
 
            
Item 10.
  CERTIFICATION:        
 
            
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
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.
         
     Dated: February 13, 2008   /s/ Karen Singer
 
Karen Singer