Filing Details

Accession Number:
0001181431-12-004234
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-01-27 17:23:47
Reporting Period:
2012-01-27
Filing Date:
2012-01-27
Accepted Time:
2012-01-27 17:23:47
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 Acquisiton 2012-01-27 78,291 $1.30 94,121 No 4 M Direct
Common Stock Disposition 2012-01-27 78,291 $9.89 15,830 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2012-01-27 78,291 $0.00 78,291 $1.30
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
37,500 2015-01-16 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,130,017 Indirect See footnote
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.85 to $9.95, 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.
  2. Shares held by the Babak and Lisa Yazdani Trust dtd 4/27/00.
  3. The option vests periodically over a period of four years.