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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1035748	Callidus Software Inc	CALD	()	TX

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1007547	Kevin Klausmeyer	C/O Callidus Software Inc. 4140 Dublin Blvd., Suite 400 Dublin CA 94568		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
Common Stock	Acquisiton	2016-08-11	2,500	$6.25	35,845	No	4	M	Direct
Common Stock	Acquisiton	2016-08-11	10,312	$4.31	46,157	No	4	M	Direct
Common Stock	Disposition	2016-08-11	12,812	$19.93	33,345	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option	Disposition	2016-08-11	10,312	$0.00	10,312	$4.31
Common Stock	Stock Option	Disposition	2016-08-11	2,500	$0.00	2,500	$6.25

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
14,688	2014-04-29	2023-04-29	No	4	M	Direct
0	2013-06-05	2023-06-05	No	4	M	Direct

Footnotes

This is the weighted average sales price. Shares were sold in multiple transactions at prices ranging from $19.85 to $19.95. 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.
The option vests and becomes 25% exercisable on the first anniversary of the grant date and the remainder vests and becomes exercisable in 36 equal monthly installments over the following three years.
Option is immediately vested and exercisable.