SEC Form 4 · accession 0001231376-17-000018
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
May 30, 2017
Accepted (ET)
Jun 1, 2017 · 5:40 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 | Mar 14, 2017 | G | 5,392 | $0.00 | D | 496,128 | D | |
| Common StockF2,F3 | May 30, 2017 | S | 50,717 | $23.1186 | D | 445,411 | D | |
| Common StockF4 | May 31, 2017 | F | 16,757 | $23.90 | D | 428,654 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person transferred these shares as a gift to the University of Strathclyde USA Foundation for no consideration.
- F2Sale of shares was made in accordance with a 10b5-1 Plan previously executed.
- F3This is the weighted average sales price. Shares were sold in multiple transactions at prices ranging from $22.93 to $23.55. 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.
- F4Represents 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.