SEC Form 4 · accession 0001209191-15-003441
SABA SOFTWARE INC · (SABA)
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dow R Wilson
Director
Period of report
Jan 7, 2015
Accepted (ET)
Jan 9, 2015 · 4:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001070380
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $1.30 | Jan 7, 2015 | D | 15,000 | D | — | Jan 16, 2015 | Common Stock | 15,000 | 0 | D |
| Stock Option (right to buy)F1 | $1.30 | Jan 7, 2015 | A | 15,000 | A | — | — | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Reflects the amendment of an outstanding option solely to change the expiration date from January 16, 2015 to a date that is 30 days after the shares underlying such option become registered with the Securities and Exchange Commission on a Form S-8 Registration Statement under the Securities Act of 1933, as amended. For reporting purposes on this Form 4, the amendment is reported as a deemed cancellation of the original option with the January 16, 2015 expiration date and the grant of a replacement option with the new expiration date. The option was originally granted on January 16, 2009 and vested periodically over a period of four years.