Filing Details

Accession Number:
0000902664-14-000027
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-01-06 18:09:32
Reporting Period:
2014-01-03
Filing Date:
2014-01-06
Accepted Time:
2014-01-06 18:09:32
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
836048 Ardsley Partners Fund Ii, L.p. 262 Harbor Drive
Stamford CT 06902
No No Yes No
900529 Partners Advisory Ardsley 262 Harbor Drive, 4Th Floor
Stamford CT 06902
No No Yes No
1025710 J Philip Hempleman 262 Harbor Drive, 4Th Floor
Stamford CT 06902
No No Yes No
1485583 Ardsley Partners Renewable Energy Fund, L.p. 262 Harbor Drive
Stamford CT 06902
No No Yes No
1504218 I Partners Ardsley 262 Harbor Drive, 4Th Floor
Stamford CT 06902
No No Yes No
1508581 Ardsley Partners Institutional Fund, L.p. 262 Harbor Drive
C/O Ardsley Partners I
Stamford CT 06902
No No Yes 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, $0.001 Par Value ("Common Stock") Disposition 2014-01-03 50,000 $12.40 3,260,162 No 4 S Indirect See FN
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See FN
Footnotes
  1. Common Stock sold by Ardsley Partners Fund II, L.P. a Delaware limited partnership ("APII") and Ardsley Partners Institutional Fund, L.P., a Delaware limited partnership ("Ardsley Institutional").
  2. The shares reported in Column 5 of this Table I are held directly by APII, Ardsley Institutional, Ardsley Partners Renewable Energy Fund, L.P., a Delaware limited Partnership ("Ardsley Energy") and certain accounts (the "Accounts") managed directly by Philip J. Hempleman ("Mr. Hempleman"). Ardsley Advisory Partners, a New York general partnership ("Ardsley") serves as investment adviser to APII, Ardsley Institutional and Ardsley Energy and has investment discretion over the securities held by each. Ardsley Partners I, a New York general partnership ("Ardsley Partners") serves as the general partner of APII, Ardsley Institutional and Renewable Energy along with Mr. Hempleman, and has investment discretion over the securities held by each.
  3. In addition to being the general partner of APII, Ardsley Institutional and Renewable Energy, Mr. Hempleman is the Managing Partner of Ardsley and Ardsley Partners, and in such capacity has investment discretion with respect to the securities held or managed by each of them as well as the securities held by the Accounts. Each of the Reporting Persons disclaim beneficial ownership of the securities reported herein except to the extent of its or their own actual pecuniary interest therein.