SEC Form 4 · accession 0001231376-17-000010
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
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 5:23 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 15, 2017 | A | 85,800 | $0.00 | A | 382,217 | D | |
| Common StockF2 | Feb 15, 2017 | F | 42,849 | $20.55 | D | 339,368 | D | |
| Common StockF3 | Feb 15, 2017 | A | 43,795 | $0.00 | A | 383,163 | D | |
| Common Stock | Feb 15, 2017 | J | 1,891 | $11.237 | A | 385,054 | D | |
| Common StockF2 | Feb 16, 2017 | F | 18,634 | $20.20 | D | 366,420 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares issued are performance-based RSUs. They were awarded on February 15, 2014 and vested on February 15, 2017 to the extent certain performance targets were met for 2014, 2015 and 2016.
- F2Represents the number of shares withheld by the Issuer to cover the Reporting Person's tax liability in connection with the vesting of common stock under one or more restricted stock units awards previously awarded.
- F3The shares indicated are issued as RSUs which vest one-third on the first anniversary of the award date and quarterly over two years thereafter.
- F4Securities acquired in exempt purchase under the Issuer's Section 423 Employee Stock Purchase Plan.