SABA SOFTWARE INC 4
4 · SABA SOFTWARE INC · Filed Jan 9, 2015
Insider Transaction Report
Form 4
WILLIAMS PETER E III
Exec VP Corporate Development
Transactions
- Award
Stock Option (right to buy)
2015-01-07+50,000→ 50,000 totalExercise: $1.30→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-01-07−50,000→ 0 totalExercise: $1.30Exp: 2015-01-16→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]Reflects the amendment of an outstanding option solely to change the expiration date from January 16, 2015 to a date that is 30 days after the shares underlying such option become registered with the Securities and Exchange Commission on a Form S-8 Registration Statement under the Securities Act of 1933, as amended. For reporting purposes on this Form 4, the amendment is reported as a deemed cancellation of the original option with the January 16, 2015 expiration date and the grant of a replacement option with the new expiration date. The option was originally granted on January 16, 2009 and vested periodically over a period of four years.