Filing Details

Accession Number:
0001181431-10-055767
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-11-15 20:12:22
Reporting Period:
2010-11-11
Filing Date:
2010-11-15
Accepted Time:
2010-11-15 20:12:22
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 2010-11-11 8,196 $1.02 18,196 No 4 M Direct
Common Stock Disposition 2010-11-11 8,196 $5.91 10,000 No 4 S Direct
Common Stock Acquisiton 2010-11-12 8,369 $1.02 18,369 No 4 M Direct
Common Stock Disposition 2010-11-12 8,369 $5.90 10,000 No 4 S Direct
Common Stock Acquisiton 2010-11-15 6,832 $1.02 16,832 No 4 M Direct
Common Stock Disposition 2010-11-15 6,832 $5.87 10,000 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
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2010-11-11 8,196 $0.00 8,196 $1.02
Common Stock Stock Option (Right to Buy Disposition 2010-11-12 8,369 $0.00 8,369 $1.02
Common Stock Stock Option (Right to Buy) Disposition 2010-11-15 6,832 $0.00 6,832 $1.02
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
291,804 2014-12-08 No 4 M Direct
283,435 2014-12-08 No 4 M Direct
276,603 2014-12-08 No 4 M Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 10, 2010.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.80 to $6.00, 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.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.84 to $5.95, 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.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.82 to $5.92, 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.
  5. The stock options vest periodically over a period of four years.