4//SEC Filing
LENIHAN LAWRENCE D JR 4
Accession 0001012975-09-000007
CIK 0001070380other
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 2:24 PM ET
Size
8.7 KB
Accession
0001012975-09-000007
Insider Transaction Report
Form 4
LENIHAN LAWRENCE D JR
Director
Transactions
- Award
Stock Option (Right to Buy)
2009-01-16+15,000→ 15,000 total(indirect: Investment Advisor)Exercise: $1.30Exp: 2015-01-16→ Common Stock (15,000 underlying)
Transactions
- Award
Stock Option (Right to Buy)
2009-01-16+15,000→ 15,000 total(indirect: Investment Advisor)Exercise: $1.30Exp: 2015-01-16→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]FirstMark Capital, L.L.C., a Delaware limited liability company ("FirstMark"), is an investment adviser acting on behalf of its clients' accounts. FirstMark disclaims any obligation to file this report, and this report shall not be deemed an admission that FirstMark is subject to Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), with respect to the Issuer of such securities. Lawrence D. Lenihan, Jr. is the Chief Executive Officer, Managing Director, and a member of FirstMark. Mr. Lenihan also serves on the Board of Directors of the Issuer and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
- [F2]FirstMark disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that FirstMark is, for the purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of such securities.
- [F3]Lawrence D. Lenihan, Jr. received an option to purchase 15,000 shares of Common Stock of the Issuer (the "Option") as compensation for his service as a director on the Board of Directors of the Issuer. The Option vests periodically over the course of four years beginning January 16, 2009 and is exercisable into Common Stock at an exercise price of $1.30 per share. The expiration of the Option is January 16, 2015.
Documents
Issuer
SABA SOFTWARE INC
CIK 0001070380
Entity typeother
Related Parties
1- filerCIK 0001144385
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 2:24 PM ET
- Size
- 8.7 KB