Filing Details

Accession Number:
0001181431-11-052638
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-10-12 19:21:39
Reporting Period:
2011-10-10
Filing Date:
2011-10-12
Accepted Time:
2011-10-12 19:21:39
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
1134454 Babak Yazdani 2400 Bridge Parkway
Redwood Shores CA 94065-1166
Ceo & Chairman Of The Board Yes 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 2011-10-10 11,600 $6.09 1,300,784 No 4 S Indirect See Footnote
Common Stock Disposition 2011-10-11 25,226 $6.24 1,275,558 No 4 S Indirect See Footnote
Common Stock Disposition 2011-10-12 15,657 $6.64 1,259,901 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 15,830 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.05 to $6.135, 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.
  2. Shares held by the Babak and Lisa Yazdani Trust dtd 4/27/00.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.23 to $6.31, 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 $6.60 to $6.69, 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.