SEC Form 4 · accession 0000914190-15-000251
SAJAN INC · SAJA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael W Rogers
Director
Period of report
Jun 12, 2015
Accepted (ET)
Jun 16, 2015 · 4:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001118037
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 12,472 | D | ||
| Common StockF1 | holding | — | — | — | 1,914 | I | By Rogers Family Limited Partnership c/o Michael W. Rogers | |
| Common StockF1 | holding | — | — | — | 1,914 | I | By Michael W. Rogers and Amy S. Rogers, Trustees Michael W. Rogers Revocable Trust U/A/D 02/07/2002 |
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)F3 | $5.81 | Jun 12, 2015 | A | 2,500 | A | — | Jun 12, 2025 | Common Stock | 2,500 | 2,500 | D |
| Stock Option (Right to Buy)F2 | $6.60 | holding | — | — | — | — | Feb 23, 2020 | Common Stock | 1,250 | 1,250 | D |
| Stock Option (Right to Buy)F2 | $5.60 | holding | — | — | — | — | Jun 11, 2020 | Common Stock | 1,250 | 1,250 | D |
| Stock Option (Right to Buy)F2 | $5.20 | holding | — | — | — | — | Jun 8, 2021 | Common Stock | 1,250 | 1,250 | D |
| Stock Option (Right to Buy)F2 | $3.80 | holding | — | — | — | — | Jun 6, 2022 | Common Stock | 1,250 | 1,250 | D |
| Stock Option (Right to Buy)F2 | $3.20 | holding | — | — | — | — | Jun 13, 2023 | Common Stock | 1,250 | 1,250 | D |
| Stock Option (Right to Buy)F2 | $5.40 | holding | — | — | — | — | Jun 13, 2024 | Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1The reporting person disclaims beneficial ownership of these securities execpt to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- F2Fully exercisable.
- F3The shares vest in 11 equal monthly installments.