WILLIAMS PETER E III 4
4 · SABA SOFTWARE INC · Filed Jul 18, 2011
Insider Transaction Report
Form 4
WILLIAMS PETER E III
Exec VP Corporate Development
Transactions
- Tax Payment
Common Stock
2011-07-15$8.88/sh−3,668$32,572→ 157,621 total - Exercise/Conversion
Common Stock
2011-07-17+12,500→ 170,121 total - Tax Payment
Common Stock
2011-07-17$8.88/sh−4,585$40,715→ 165,536 total - Exercise/Conversion
Common Stock
2011-07-15+10,000→ 161,289 total
Footnotes (3)
- [F1]Represents derivative securities that were converted to common stock through the vesting of a restricted stock unit.
- [F2]On July 15, 2011, 10,000 of the restricted stock units that were granted to the reporting person on July 15, 2010 vested, of which 6,332 was paid out in common stock and 3,668 units were withheld to satisfy the tax withholding obligation related to such vested units.
- [F3]On July 17, 2011, 12,500 of the restricted stock units that were granted to the reporting person on July 17, 2009 vested, of which 7,915 was paid out in common stock and 4,585 units were withheld to satisfy the tax withholding obligation related to such vested units.