SEC Form 4 · accession 0001231376-15-000010
CALLIDUS SOFTWARE INC · CALD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William B Binch
Director
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 4:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001035748
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 20, 2015 | M | 30,000 | $3.90 | A | 118,305 | D | |
| Common Stock | holding | — | — | — | 3,000 | I | by Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $3.90 | Feb 20, 2015 | M | 30,000 | D | Apr 11, 2006 | Apr 11, 2015 | Common Stock | 30,000 | 0 | D |
Explanation of responses
- F1Shares acquired upon exercise of stock option that would have expired April 11, 2015.
- F2The option vests and becomes exercisable as to 1/4 of the shares on April 11, 2006 and thereafter vests and becomes exercisable as to the remainings shares in equal monthly installments over the subsequent 36 months.