SABA SOFTWARE INC 4
4 · SABA SOFTWARE INC · Filed Jul 16, 2012
Insider Transaction Report
Form 4
Abbott Michael Robert
Director
Transactions
- Exercise/Conversion
Common Stock
2012-07-13+5,000→ 5,000 total - Exercise/Conversion
Restricted Stock Unit
2012-07-13−5,000→ 5,000 totalExercise: $0.00→ Common Stock (5,000 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Common Stock of Saba Software, Inc.
- [F2]50% of the shares subject to such restricted stock units vest on the one year anniversary of the grant date, and the remaining 50% of the shares subject to such restricted stock unit vest on the two year anniversary of the grant date.
- [F3]N/A
- [F4]Release of shares upon vesting of a restricted stock unit.