Filing Details

Accession Number:
0001231376-14-000015
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-05-27 16:31:36
Reporting Period:
2014-05-22
Filing Date:
2014-05-27
Accepted Time:
2014-05-27 16:31:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1035748 Callidus Software Inc CALD Services-Computer Programming Services (7371) 770438629
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1272096 David Pratt C/O Callidus Software Inc.
6200 Stoneridge Mall Road
Pleasanton CA 94588
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-05-22 30,000 $7.22 72,500 No 4 M Direct
Common Stock Acquisiton 2014-05-22 120,000 $3.65 192,500 No 4 M Direct
Common Stock Disposition 2014-05-22 75,000 $10.40 117,500 No 4 S Direct
Common Stock Disposition 2014-05-23 25,000 $10.57 92,500 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2014-05-22 120,000 $0.00 120,000 $3.65
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2014-05-22 30,000 $0.00 30,000 $7.22
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2004-06-23 2014-07-30 No 4 M Direct
0 2005-06-01 2014-06-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 36,493 Indirect by Family Trust
Footnotes
  1. Stock option would have expired June 1, 2014.
  2. Stock option would have expired July 30, 2014.
  3. This is the weighted average sales price. Shares were sold in multiple transactions at prices ranging from $10.25 to $10.58. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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 this Form 4.
  4. This is the weighted average sales price. Shares were sold in multiple transactions at prices ranging from $10.50 to $10.71. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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 this Form 4.
  5. Reflects corrected amount. 6,493 indirectly held shares were inadvertently reported as directly held by the Reporting Person on previous Forms 4 since approximately 2005.
  6. This option vests and becomes exercisable in six equal monthly increments commencing June 23, 2004.
  7. Option vests over a period of four years, with 25% of the number of shares vesting on the first anniversary of the grant date and the remaining 75% vesting in equal monthly installments over three years thereafter.