Calvert Meredith 4
4 · CALLIDUS SOFTWARE INC · Filed Aug 25, 2011
Insider Transaction Report
Form 4
Calvert Meredith
SVP, Customer Service
Transactions
- Exercise/Conversion
Common Stock
2011-08-23$3.01/sh+3,125$9,406→ 156,663 total - Exercise/Conversion
Common Stock
2011-08-23$3.34/sh+9,375$31,313→ 166,038 total - Sale
Common Stock
2011-08-23$4.62/sh−32,500$150,150→ 133,538 total - Exercise/Conversion
Stock Option
2011-08-23−3,125→ 13,542 totalExercise: $3.01From: 2009-10-31Exp: 2014-09-30→ Common Stock (3,125 underlying) - Exercise/Conversion
Stock Option
2011-08-23−9,375→ 57,813 totalExercise: $3.34From: 2010-09-30Exp: 2015-08-31→ Common Stock (9,375 underlying)
Footnotes (2)
- [F1]This is the weighted average sales price. Shares were sold in multiple transactions at prices ranging between $4.60 and $4.71. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
- [F2]The option vests and becomes exercisable in 48 equal monthly installments from the date of grant.