SEC Form 4 · accession 0000914190-16-000653
SAJAN INC · SAJA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas P. Skiba
Officer — Chief Financial Officer
Period of report
May 16, 2016
Accepted (ET)
May 18, 2016 · 5:31 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 | — | — | — | 2,500 | 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)F3 | $4.69 | May 16, 2016 | A | 10,000 | A | — | May 16, 2026 | Common Stock | 10,000 | 10,000 | D |
| Stock Option (Right to Buy)F1 | $5.12 | holding | — | — | — | — | Aug 29, 2023 | Common Stock | 62,500 | 62,500 | D |
| Stock Option (Right to Buy)F2 | $5.32 | holding | — | — | — | — | Sep 15, 2024 | Common Stock | 12,500 | 12,500 | D |
Explanation of responses
- F1The option vests in four equal installments of 15,625 shares on each of September 1, 2014, 2015, 2016 and 2017.
- F2The option vests in four equal installments of 3,125 shares on each of September 15, 2015, 2016, 2017 and 2018.
- F3The option vests in four equal installments of 2,500 shares on each of May 16, 2017, 2018, 2019 and 2020.