SABA SOFTWARE INC 4
4 · SABA SOFTWARE INC · Filed Jul 17, 2012
Insider Transaction Report
Form 4
YAZDANI BABAK
DirectorCEO & Chairman of the Board
Transactions
- Tax Payment
Common Stock
2012-07-15$8.60/sh−11,670$100,362→ 13,330 total - Exercise/Conversion
Common Stock
2012-07-15+25,000→ 25,000 total
Footnotes (2)
- [F1]Represents derivative securities that were converted to common stock through the vesting of a restricted stock unit.
- [F2]On July 15, 2012, 25,000 of the restricted stock units that were granted to the reporting person on July 15, 2010 vested, of which 13,330 was paid out in common stock and 11,670 units were withheld to satisfy the tax withholding obligation related to such vested units.