SEC Form 4 · accession 0001231376-15-000048
CALLIDUS SOFTWARE INC · CALD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jimmy C. Duan
Officer — EVP, Chief Technology Officer
Period of report
Nov 12, 2015
Accepted (ET)
Nov 16, 2015 · 4:58 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,F2,F3 | Nov 12, 2015 | S | 11,081 | $20.1595 | D | 268,215 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Sale of shares was made in accordance with a 10b5-1 Plan previously executed.
- F2This is the weighted average sales price. Shares were sold in multiple transactions at prices ranging from $19.82 to $20.24. 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.
- F3Reporting 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.