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*
HUGHES WILLIAM R
(Last) (First) (Middle)
3303 HILLVIEW AVENUE
(Street)
PALO ALTO CA 94304
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TIBCO SOFTWARE INC [ TIBX ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Gen Counsel & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2009
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)
Code V Amount (A) or (D) Price
Common Stock 10/01/2009 M 9,167 A $4.58 144,896 D
Common Stock 10/01/2009 S 9,167 D $9.38 135,729 D
Common Stock 10/01/2009 M 5,532 A $5.99 141,261 D
Common Stock 10/01/2009 S 5,532 D $9.38 135,729 D
Common Stock 10/01/2009 M 1,804 A $5.99 137,533 D
Common Stock 10/01/2009 S 1,804 D $9.38 135,729 D
Common Stock 10/01/2009 M 7,292 A $7.3 143,021 D
Common Stock 10/01/2009 S 7,292 D $9.38 135,729 D
Common Stock 10/01/2009 M 6,792 A $7.3 142,521 D
Common Stock 10/01/2009 S 6,792 D $9.38 135,729 D
Common Stock 10/01/2009 M 6,700 A $6.98 142,429 D
Common Stock 10/01/2009 S 6,700 D $9.38 135,729 D
Common Stock 10/01/2009 M 32,883 A $6.98 168,612 D
Common Stock 10/01/2009 S 32,883 D $9.38 135,729 D
Common Stock 10/01/2009 M 10,417 A $6.63 146,146 D
Common Stock 10/01/2009 S 10,417 D $9.38 135,729 D
Common Stock 10/01/2009 M 47,917 A $6.63 183,646 D
Common Stock 10/01/2009 S 47,917 D $9.38 135,729 D
Common Stock 10/01/2009 M 5,208 A $6.94 140,937 D
Common Stock 10/01/2009 S 5,208 D $9.38 135,729 D
Common Stock 10/01/2009 M 9,375 A $5.319 145,104 D
Common Stock 10/01/2009 S 9,375 D $9.38 135,729 D
Common Stock 10/01/2009 M 1,348 A $5.319 137,077 D
Common Stock 10/01/2009 S 1,348 D $9.38 135,729 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) $4.58 10/01/2009 M 9,167 04/19/2003 03/19/2013 Common Stock 9,167 $9.38 0 D
Incentive Stock Option (right to buy) $5.319 10/01/2009 M 9,375 01/01/2004 (1) Common Stock 9,375 $9.38 0 D
Incentive Stock Option (right to buy) $5.99 10/01/2009 M 5,532 01/03/2007 12/03/2013 Common Stock 5,532 $9.38 0 D
Incentive Stock Option (right to buy) $6.63 10/01/2009 M 10,417 01/13/2009 05/13/2015 Common Stock 10,417 $9.38 0 D
Incentive Stock Option (right to buy) $6.98 10/01/2009 M 6,700 01/22/2008 07/22/2014 Common Stock 6,700 $9.38 0 D
Incentive Stock Option (right to buy) $7.3 10/01/2009 M 7,292 01/07/2008 05/07/2014 Common Stock 7,292 $9.38 0 D
Non-Qualified Stock Option (right to buy) $5.319 10/01/2009 M 1,348 11/01/2003 (1) Common Stock 1,348 $9.38 0 D
Non-Qualified Stock Option (right to buy) $5.99 10/01/2009 M 1,804 01/03/2004 12/03/2013 Common Stock 1,804 $9.38 0 D
Non-Qualified Stock Option (right to buy) $6.63 10/01/2009 M 47,917 06/13/2005 05/13/2015 Common Stock 47,917 $9.38 0 D
Non-Qualified Stock Option (right to buy) $6.94 10/01/2009 M 5,208 05/24/2009 04/24/2016 Common Stock 5,208 $9.38 44,792 D
Non-Qualified Stock Option (right to buy) $6.98 10/01/2009 M 32,883 08/22/2004 07/22/2014 Common Stock 32,883 $9.38 0 D
Non-Qualified Stock Option (right to buy) $7.3 10/01/2009 M 6,792 06/07/2004 05/07/2014 Common Stock 6,792 $9.38 9,250 D
Explanation of Responses:
1. Option Expiration date is 10/1/2013
William R Hughes 10/02/2009
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.