SEC FORM 4/A

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^*

Wolf Chad Alan

(Last)

(First)

(Middle)

C/O KANA SOFTWARE, INC.

181 CONSTITUTION DRIVE

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
KANA SOFTWARE INC [ KANAE ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	eVergance Pres. & KANA VP

3. Date of Earliest Transaction (Month/Day/Year)
06/14/2007

4. If Amendment, Date of Original Filed (Month/Day/Year)
06/18/2007

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	06/14/2007		A		322,045	A	⁽¹⁾	322,045	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)
Stock Option (right to buy)	$3.07⁽²⁾	06/14/2007		A		227,996		⁽³⁾	06/13/2007	Common Stock	227,996	$0	227,966	D
Stock Option (right to buy)	$3.1	06/14/2007		A		100,000		⁽⁴⁾	06/13/2007	Common Stock	100,000	$0	100,000	D

Explanation of Responses:

1. This amendment is filed to correct the number of shares of common stock acquired by the Reporting Person in connection with the closing of Issuer's acquisition of all membership interests of eVergance Partners LLC (the "Acquisition"). Of the 322,045 shares issued to the Reporting Person in the acquisition, 65,548 shares were issued on June 14, 2007 and the amount remaining are to be issued in three equal installments in January 2008 and six and nine months thereafter June 14, 2007. The closing sale price of issuer's Common Stock quoted on the Over the Counter Bulletin Board on June 14, 2007, the closing date of the Acquisition, was $3.10.

2. The price determined to be the closing sale price of Issuer's common stock quoted on the over the Counter Bulletin Board on June 13, 2007 pursuant to the terms of the Membership Interest Purchase Agreement between Issuer and the members of eVergance Partners LLC in connection with the closing of the Acquisition.

3. This amendment is filed to correct the number of shares purchasable under the option granted to the Reporting Person. The option vests in four equal installments starting on June 14, 2007 and three, six and nine months thereafter.

4. The option started vesting on June 14, 2007, and vests ratably over four years. In the event (i) the Executive Officer is terminated without cause or (ii) of a change of control of the Company, then 100% of the unvested shares underlying the option shall immediately vest.

	/s/ Chad Wolf	01/08/2007
	** 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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