SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SINGH SUDHIR STEVEN

(Last)

(First)

(Middle)

18400 NE UNION HILL RD.

(Street)

REDMOND

98052

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CONCUR TECHNOLOGIES INC [ CNQR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2010

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/01/2010		M		77,673⁽¹⁾	A	$5	1,100,554⁽²⁾	D
Common Stock	03/01/2010		S		77,673⁽¹⁾	D	$39.6198⁽³⁾	1,022,881⁽²⁾	D
Common Stock	03/01/2010		M		19,654	A	$5	1,042,535⁽²⁾	D
Common Stock	03/01/2010		M		75,000	A	$1.78	1,117,535⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Incentive Stock Option (right to buy)	$1.78	03/01/2010		M			75,000	10/01/2003⁽⁴⁾	10/01/2012	Common Stock	75,000	$0	0	D
Incentive Stock Option (right to buy)	$5	03/01/2010		M			19,654	03/09/2001⁽⁵⁾	06/09/2010	Common Stock	19,654	$0	0	D
Non-Qualified Stock Option (right to buy)	$5	03/01/2010		M			77,673⁽¹⁾	03/09/2001⁽⁵⁾	06/09/2010⁽⁶⁾	Common Stock	77,673	$0	77,673	D

Explanation of Responses:

1. The transaction indicated was conducted under an approved 10b5-1 Plan.

2. Prior to the exercise of options completed on 3/01/2010, the Reporting Person directly held 1,022,881 shares of common stock. Immediately following the exercise of options on 3/01/2010, the number of shares held directly increased by 94,654 shares which represents the number of shares acquired pursuant to the exercise of Incentive Stock Options.

3. The price indicated is the weighted average sale price for the shares sold. The individual sale prices for the shares indicated range from $39.33 to $40.00.

4. The option becomes exercisable for 25% of the shares granted upon the one-year anniversary of the grant date, then in thirty-six equal monthly installments thereafter.

5. ISO becomes exercisable in combination with NQSO granted on same date where in 25% of the shares granted become exercisable upon the one-year anniversary of the grant date, then in thirty-six monthly installments thereafter.

6. The options granted on 6/9/2000 are scheduled to expire on 6/9/2010. The exercise of these options and simultaneous sale of the underlying shares is being completed in order to avoid the expiration and cancellation of the options.

	/s/ Sudhir Steven Singh	03/02/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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