SLATER WILLIAM 4
4 · SABA SOFTWARE INC · Filed Aug 12, 2011
Insider Transaction Report
Form 4
SLATER WILLIAM
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2011-08-11$1.02/sh+8,250$8,415→ 22,999 total - Sale
Common Stock
2011-08-11$6.65/sh−8,250$54,854→ 14,749 total - Exercise/Conversion
Stock Option (Right to Buy)
2011-08-11−8,250→ 231,650 totalExercise: $1.02Exp: 2014-12-08→ Common Stock (8,250 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.60 to $6.71, inclusive. The reporting person undertakes to provide to Saba Software Inc, any security holder of Saba Software Inc, 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 footnotes to this Form 4.
- [F2]Stock options vest periodically over a period of four years.