SEC Form 4 · accession 0001231376-16-000101
CALLIDUS SOFTWARE INC · CALD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leslie Stretch
Officer — President and CEO · Director
Period of report
Dec 20, 2016
Accepted (ET)
Dec 22, 2016 · 4:11 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 | Dec 20, 2016 | S | 19,242 | $16.70 | D | 415,812 | D | |
| Common StockF3 | Dec 20, 2016 | M | 35,000 | $7.69 | A | 450,812 | D | |
| Common StockF1,F4 | Dec 20, 2016 | S | 35,000 | $16.70 | D | 415,812 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $7.69 | Dec 20, 2016 | M | 35,000 | D | Sep 30, 2013 | Aug 30, 2023 | Common Stock | 35,000 | 27,500 | D |
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 $16.60 to $16.90. 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.
- F3Exercise of options and sale of shares were made in accordance with a 10b5-1 Plan previously executed.
- F4This is the weighted average sales price. Shares were sold in multiple transactions at prices ranging from $16.35 to $16.85. 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.