SABA SOFTWARE INC 4
4 · SABA SOFTWARE INC · Filed Oct 17, 2011
Insider Transaction Report
Form 4
YAZDANI BABAK
DirectorCEO & Chairman of the Board
Transactions
- Sale
Common Stock
2011-10-13$6.44/sh−47,112$303,213→ 1,212,789 total(indirect: See Footnote) - Sale
Common Stock
2011-10-14$6.52/sh−74,878$487,980→ 1,137,911 total(indirect: See Footnote)
Holdings
- 15,830
Common Stock
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.30 to $6.51, 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]Shares held by the Babak and Lisa Yazdani Trust dtd 4/27/00.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.50 to $6.62, 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.