WILLIAMS PETER E III 4
4 · SABA SOFTWARE INC · Filed Feb 10, 2012
Insider Transaction Report
Form 4
WILLIAMS PETER E III
Exec VP Corporate Development
Transactions
- Sale
Common Stock
2012-02-08$10.95/sh−50,000$547,520→ 165,536 total - Exercise/Conversion
Common Stock
2012-02-08$3.63/sh+50,000$181,500→ 215,536 total - Exercise/Conversion
Stock Option (Right to Buy)
2012-02-08−50,000→ 50,000 totalExercise: $3.63Exp: 2013-10-31→ Common Stock (50,000 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 $10.95 to $10.98, 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 option vests periodically over a period of four years.