SABA SOFTWARE INC 4
4 · SABA SOFTWARE INC · Filed Jan 26, 2012
Insider Transaction Report
Form 4
YAZDANI BABAK
DirectorCEO & Chairman of the Board
Transactions
- Sale
Common Stock
2012-01-26$9.96/sh−14,909$148,543→ 15,830 total - Sale
Common Stock
2012-01-24$9.85/sh−51,584$508,355→ 15,830 total - Exercise/Conversion
Stock Option (Right to Buy)
2012-01-24−51,584→ 148,416 totalExercise: $2.52Exp: 2013-03-19→ Common Stock (51,584 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2012-01-25−19,300→ 130,700 totalExercise: $1.30Exp: 2015-01-16→ Common Stock (19,300 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2012-01-26−14,909→ 115,791 totalExercise: $1.30Exp: 2015-01-16→ Common Stock (14,909 underlying) - Exercise/Conversion
Common Stock
2012-01-25$2.52/sh+148,416$374,008→ 164,246 total - Sale
Common Stock
2012-01-25$9.86/sh−148,416$1,462,847→ 15,830 total - Sale
Common Stock
2012-01-25$10.00/sh−19,300$193,002→ 15,830 total - Exercise/Conversion
Stock Option (Right to Buy)
2012-01-25−148,416→ 0 totalExercise: $2.52Exp: 2013-03-19→ Common Stock (148,416 underlying) - Exercise/Conversion
Common Stock
2012-01-24$2.52/sh+51,584$129,992→ 67,414 total - Exercise/Conversion
Common Stock
2012-01-25$1.30/sh+19,300$25,090→ 35,130 total - Exercise/Conversion
Common Stock
2012-01-26$1.30/sh+14,909$19,382→ 30,739 total
Holdings
- 1,130,017(indirect: See Footnote)
Common Stock
Footnotes (6)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.85 to $9.902, 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.85 to $9.90, 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.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.01, 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.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.85 to $10.00, 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.
- [F5]Shares held by the Babak and Lisa Yazdani Trust dtd 4/27/00.
- [F6]The option vests periodically over a period of four years.