SABA SOFTWARE INC 4
4 · SABA SOFTWARE INC · Filed Jul 17, 2012
Insider Transaction Report
Form 4
Carr Jeffrey T
Pres., Global Field Operations
Transactions
- Exercise/Conversion
Common Stock
2012-07-15+12,500→ 12,500 total - Tax Payment
Common Stock
2012-07-15$8.60/sh−4,585$39,431→ 7,915 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, 12,500 of the restricted stock units that were granted to the reporting person on July 15, 2010 vested, of which 7,915 was paid out in common stock and 4,585 units were withheld to satisfy the tax withholding obligation related to such vested units.