BUSINESS OBJECTS S.A. 4

4 · BUSINESS OBJECTS S.A. · Filed Jun 6, 2007

Form 4

Period: 2007-06-05

Sr. VP-Gen. Counsel & Corp Sec

Transactions

Exercise/Conversion
Employee Stock Option (Right to Buy)
2007-06-05−4,006→ 18,012 total
Exp: 2016-05-31→ American Depositary Shares (4,006 underlying)
Exercise/Conversion
Employee Stock Option (Right to Buy)
2007-06-05−277→ 832 total
Exp: 2016-05-31→ American Depositary Shares (277 underlying)
Sale
American Depositary Shares
2007-06-05$40.18/sh−262$10,526→ 884 total
Sale
American Depositary Shares
2007-06-05$40.18/sh−4,006$160,942→ 884 total
Sale
American Depositary Shares
2007-06-05$40.18/sh−277$11,129→ 884 total
Exercise/Conversion
American Depositary Shares
2007-06-05+4,006→ 4,890 total
Exercise/Conversion
Employee Stock Option (Right to Buy)
2007-06-05$29.40/sh−262$7,703→ 1,309 total
Exercise: $29.40Exp: 2013-10-01→ American Depositary Shares (262 underlying)
Exercise/Conversion
American Depositary Shares
2007-06-05$29.40/sh+262$7,703→ 1,146 total
Exercise/Conversion
American Depositary Shares
2007-06-05+277→ 1,161 total

Footnotes (3)

[F1]The exercise price of the Option is 22.71 Euros
[F2]Options vest according to the following schedule: 25% of the Option vests on October 22, 2004 and 1/48th of the Option shall vest each month thereafter.
[F3]Options vest according to the following schedule: 25% of the Option vests on May 31, 2007 and 1/48th of the Option shall vest each month thereafter.

Documents

1 file