4//SEC Filing
SABA SOFTWARE INC 4
Accession 0001455824-09-000001
CIK 0001070380operating
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 4:49 PM ET
Size
27.8 KB
Accession
0001455824-09-000001
Insider Transaction Report
Form 4
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2009-03-10−5,000→ 0 total(indirect: Investment Advisor)Exercise: $4.20Exp: 2010-12-14→ Common Stock (5,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2009-03-10−10,000→ 0 total(indirect: Investment Advisor)Exercise: $6.30Exp: 2013-03-28→ Common Stock (10,000 underlying) - Award
Stock Option (Right to Buy)
2009-03-10+10,000→ 10,000 total(indirect: Investment Advisor)Exercise: $4.53Exp: 2018-01-11→ Common Stock (10,000 underlying) - Award
Stock Option (Right to Buy)
2009-03-10+5,000→ 5,000 total(indirect: Investment Advisor)Exercise: $4.20Exp: 2014-12-14→ Common Stock (5,000 underlying) - Award
Stock Option (Right to Buy)
2009-03-10+5,000→ 5,000 total(indirect: Investment Advisor)Exercise: $4.16Exp: 2015-12-15→ Common Stock (5,000 underlying) - Award
Stock Option (Right to Buy)
2009-03-10+10,000→ 10,000 total(indirect: Investment Advisor)Exercise: $6.30Exp: 2017-03-28→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2009-03-10−10,000→ 0 total(indirect: Investment Advisor)Exercise: $4.53Exp: 2014-01-11→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2009-03-10−5,000→ 0 total(indirect: Investment Advisor)Exercise: $4.16Exp: 2011-12-15→ Common Stock (5,000 underlying)
LENIHAN LAWRENCE D JR
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2009-03-10−5,000→ 0 total(indirect: Investment Advisor)Exercise: $4.20Exp: 2010-12-14→ Common Stock (5,000 underlying) - Award
Stock Option (Right to Buy)
2009-03-10+5,000→ 5,000 total(indirect: Investment Advisor)Exercise: $4.20Exp: 2014-12-14→ Common Stock (5,000 underlying) - Award
Stock Option (Right to Buy)
2009-03-10+5,000→ 5,000 total(indirect: Investment Advisor)Exercise: $4.16Exp: 2015-12-15→ Common Stock (5,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2009-03-10−10,000→ 0 total(indirect: Investment Advisor)Exercise: $6.30Exp: 2013-03-28→ Common Stock (10,000 underlying) - Award
Stock Option (Right to Buy)
2009-03-10+10,000→ 10,000 total(indirect: Investment Advisor)Exercise: $6.30Exp: 2017-03-28→ Common Stock (10,000 underlying) - Award
Stock Option (Right to Buy)
2009-03-10+10,000→ 10,000 total(indirect: Investment Advisor)Exercise: $4.53Exp: 2018-01-11→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2009-03-10−5,000→ 0 total(indirect: Investment Advisor)Exercise: $4.16Exp: 2011-12-15→ Common Stock (5,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2009-03-10−10,000→ 0 total(indirect: Investment Advisor)Exercise: $4.53Exp: 2014-01-11→ Common Stock (10,000 underlying)
Footnotes (9)
- [F1]FirstMark Capital, L.L.C., a Delaware limited liability company ("FirstMark"), is an investment advisor acting on behalf of its clients' accounts. Mr. Lenihan is the Chief Executive Officer, Managing Director, and a member of FirstMark. Mr. Lenihan also serves on the Board of Directors of the Issuer and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest. FirstMark disclaims any obligation to file this report, and this report shall not be deemed an admission that FirstMark is subject to Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), with respect to the Issuer of such securities.
- [F2]FirstMark disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that FirstMark is, for the purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of such securities.
- [F3]This option is fully vested.
- [F4]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the deemed grant of a replacement option. The option was originally granted on 12/14/2004 to Lawrence D. Lenihan as compensation for his service as a member of the Board of Directors of the Issuer. The amendment consists solely of changing the term of the option from six years to ten years.
- [F5]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the deemed grant of a replacement option. The option was originally granted on 12/15/2005 to Lawrence D. Lenihan as compensation for his service as a member of the Board of Directors of the Issuer. The amendment consists solely of changing the term of the option from six years to ten years.
- [F6]This option vests monthly over the course of four years beginning on December 28, 2006.
- [F7]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the deemed grant of a replacement option. The option was originally granted on 3/28/2007 to Lawrence D. Lenihan as compensation for his service as a member of the Board of Directors of the Issuer. The amendment consists solely of changing the term of the option from six years to ten years.
- [F8]This option vests monthly over the course of four years beginning November 15, 2007.
- [F9]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the deemed grant of a replacement option. The option was originally granted on 1/18/2008 to Lawrence D. Lenihan as compensation for his service as a member of the Board of Directors of the Issuer. The amendment consists solely of changing the term of the option from six years to ten years.
Documents
Issuer
SABA SOFTWARE INC
CIK 0001070380
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001070380
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 4:49 PM ET
- Size
- 27.8 KB