SEC Form 4 · accession 0000914190-15-000252
SAJAN INC · SAJA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benno G Sand
Director
Period of report
Jun 12, 2015
Accepted (ET)
Jun 16, 2015 · 4:55 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 | — | — | — | 666 | D |
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)F2 | $5.81 | Jun 12, 2015 | A | 2,500 | A | — | Jun 12, 2025 | Common Stock | 2,500 | 2,500 | D |
| Stock Option (Right to Buy)F1 | $120.00 | holding | — | — | — | — | Oct 26, 2015 | Common Stock | 1,250 | 1,250 | D |
| Stock Option (Right to Buy)F1 | $78.20 | holding | — | — | — | — | Oct 25, 2016 | Common Stock | 250 | 250 | D |
| Stock Option (Right to Buy)F1 | $21.40 | holding | — | — | — | — | Oct 26, 2017 | Common Stock | 250 | 250 | D |
| Stock Option (Right to Buy)F1 | $2.88 | holding | — | — | — | — | Dec 11, 2018 | Common Stock | 250 | 250 | D |
| Stock Option (Right to Buy)F1 | $5.20 | holding | — | — | — | — | Oct 26, 2019 | Common Stock | 250 | 250 | D |
| Stock Option (Right to Buy)F1 | $5.60 | holding | — | — | — | — | Jun 11, 2020 | Common Stock | 1,250 | 1,250 | D |
| Stock Option (Right to Buy)F1 | $5.20 | holding | — | — | — | — | Jun 8, 2021 | Common Stock | 1,250 | 1,250 | D |
| Stock Option (Right to Buy)F1 | $3.80 | holding | — | — | — | — | Jun 6, 2022 | Common Stock | 1,250 | 1,250 | D |
| Stock Option (Right to Buy)F1 | $3.20 | holding | — | — | — | — | Jun 13, 2023 | Common Stock | 1,250 | 1,250 | D |
| Stock Option (Right to Buy)F1 | $5.40 | holding | — | — | — | — | Jun 13, 2024 | Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1Fully exercisable.
- F2The shares vest in 11 equal monthly installments.
Remarks
On June 16, 2014, the Company completed a one-for-four reverse stock split. All common stock amounts and exercise prices in the filing relating to securities acquired prior to June 16, 2014 have been adjusted to reflect the one-for-four split.