SEC Form 4 · accession 0001231376-15-000038
CALLIDUS SOFTWARE INC · CALD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Boesenberg
Director
Period of report
Aug 5, 2015
Accepted (ET)
Aug 6, 2015 · 5:06 pm EDT
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 Stock | Aug 5, 2015 | M | 30,000 | $4.14 | A | 192,013 | D | |
| Common StockF1 | Aug 5, 2015 | S | 30,000 | $16.7649 | D | 162,013 | D | |
| Common Stock | Aug 5, 2015 | M | 15,000 | $5.70 | A | 177,013 | D | |
| Common Stock | Aug 5, 2015 | M | 15,000 | $5.2689 | A | 192,013 | D | |
| Common Stock | Aug 5, 2015 | M | 15,000 | $6.25 | A | 207,013 | D | |
| Common StockF2 | Aug 5, 2015 | S | 45,000 | $16.7717 | D | 162,013 | D |
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)F3 | $4.14 | Aug 5, 2015 | M | 30,000 | D | Feb 27, 2010 | Feb 27, 2016 | Common Stock | 30,000 | 0 | D |
| Stock OptionF4 | $5.2689 | Aug 5, 2015 | M | 15,000 | D | Jun 6, 2012 | Jun 6, 2022 | Common Stock | 15,000 | 0 | D |
| Stock OptionF4 | $5.70 | Aug 5, 2015 | M | 15,000 | D | Jun 1, 2011 | Jun 1, 2016 | Common Stock | 15,000 | 0 | D |
| Stock OptionF4 | $6.25 | Aug 5, 2015 | M | 15,000 | D | Jun 5, 2013 | Jun 5, 2023 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1This is the weighted average sales price. Shares were sold in multiple transactions at prices ranging from $16.75 to $16.82. 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.
- F2This is the weighted average sales price. Shares were sold in multiple transactions at prices ranging from $16.75 to $16.83. 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.
- F3The option vests and becomes exercisable as to 1/4 of the shares on February 27, 2007 and thereafter vests and becomes exercisable as to the remainings shares in equal monthly installments over the subsequent 36 months.
- F4Option is immediately vested and exercisable.