Filing Details
- Accession Number:
- 0001181431-11-052478
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-10-11 17:14:32
- Reporting Period:
- 2011-10-06
- Filing Date:
- 2011-10-11
- Accepted Time:
- 2011-10-11 17:14:32
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1070380 | Saba Software Inc | SABA | Services-Prepackaged Software (7372) | 943267638 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1201413 | William Slater | C/O Saba Software, Inc. 2400 Bridge Parkway Redwood Shores CA 94065 | Chief Financial Officer | No | Yes | 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 | 2011-10-06 | 14,800 | $1.02 | 29,549 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-10-06 | 14,800 | $6.16 | 14,749 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2011-10-07 | 8,698 | $1.02 | 23,447 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-10-07 | 8,698 | $6.00 | 14,749 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2011-10-10 | 40,000 | $1.02 | 54,749 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-10-10 | 40,000 | $6.14 | 14,749 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2011-10-11 | 20,000 | $1.02 | 34,749 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-10-11 | 20,000 | $6.28 | 14,749 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | 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 (Right to Buy) | Disposition | 2011-10-06 | 14,800 | $0.00 | 14,800 | $1.02 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2011-10-07 | 8,698 | $0.00 | 8,698 | $1.02 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2011-10-10 | 40,000 | $0.00 | 40,000 | $1.02 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2011-10-11 | 20,000 | $0.00 | 20,000 | $1.02 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 216,850 | 2014-12-08 | No | 4 | M | Direct | |
| 208,152 | 2014-12-08 | No | 4 | M | Direct | |
| 168,152 | 2014-12-08 | No | 4 | M | Direct | |
| 148,152 | 2014-12-08 | No | 4 | M | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.15 to $6.19, inclusive. The reporting person undertakes to provide to Saba Software Inc, any security holder of Saba Software Inc, 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 footnotes to this Form 4.
- Stock options vest periodically over a period of four years.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.01, inclusive. The reporting person undertakes to provide to Saba Software Inc, any security holder of Saba Software Inc, 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 footnotes to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.10 to $6.25, inclusive. The reporting person undertakes to provide to Saba Software Inc, any security holder of Saba Software Inc, 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 footnotes to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.25 to $6.44, inclusive. The reporting person undertakes to provide to Saba Software Inc, any security holder of Saba Software Inc, 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 footnotes to this Form 4.
Billionaire Hedge Funds
