SEC Form 4 · accession 0000914190-16-000661

SAJAN INC · SAJA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

May 23, 2016

Accepted (ET)

Jun 1, 2016 · 7:45 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^F1	May 23, 2016	S	750	$4.50	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to Buy)^F2	$78.20	holding	—	—	—	—	Oct 25, 2016	Common Stock	250	250	D
Stock Option (Right to Buy)^F2	$21.40	holding	—	—	—	—	Oct 26, 2017	Common Stock	250	250	D
Stock Option (Right to Buy)^F2	$2.88	holding	—	—	—	—	Dec 11, 2018	Common Stock	250	250	D
Stock Option (Right to Buy)^F2	$5.20	holding	—	—	—	—	Oct 26, 2019	Common Stock	250	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
Stock Option (Right to Buy)^F3	$5.81	holding	—	—	—	—	Jun 12, 2025	Common Stock	2,500	2,500	D

F1Pursuant to recently discovered administrative error, the total shares directly owned have been reported incorrectly. Prior to this transaction, it has been confirmed the Reporting Person directly held a total of 750 shares.
F2Fully exercisable.
F3The shares vest in 11 equal monthly installments.