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Filing Details

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
1203942	L Bob Corey	C/O Callidus Software Inc. 6200 Stoneridge Mall Road Pleasanton CA 94588	Evp, 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	Disposition	2015-11-17	5,500	$20.05	23,680	No	4	S	Indirect	by Family Trust
Common Stock	Disposition	2015-11-18	4,500	$20.69	19,180	No	4	S	Indirect	by Family Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	by Family Trust
No	4	S	Indirect	by Family Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	127,288	Direct
Common Stock	150	Indirect	Custodial Account

Footnotes

This is the weighted average sales price. Shares were sold in multiple transactions at prices ranging from $19.81 to $20.20. 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.
Reporting Person previously reported on a voluntary basis the initial award of performance-based restricted stock units ("PRSU's"). The PRSUs do not constitute derivative securities for purposes of Section 16, and Reporting Person's total shares in column 5 of this report no longer includes them. Reporting Person undertakes to report the acquisition of any securities earned upon satisfaction of the performance criteria underlying those PRSUs.
This is the weighted average sales price. Shares were sold in multiple transactions at prices ranging from $20.65 to $20.75. 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.