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)
09/28/2010
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)
Code V Amount (A) or (D) Price
Common Stock 09/28/2010 M 15,354 A $7.3 132,458 D
Common Stock 09/28/2010 S 15,354 D $18.25(1) 117,104 D
Common Stock 09/28/2010 M 12,500 A $6.94 129,604 D
Common Stock 09/28/2010 S 12,500 D $18.25(1) 117,104 D
Common Stock 09/28/2010 M 14,323 A $7.83 131,427 D
Common Stock 09/28/2010 S 14,323 D $18.25(1) 117,104 D
Common Stock 09/28/2010 M 25,000 A $13.36 142,104 D
Common Stock 09/28/2010 S 25,000 D $18.25(1) 117,104 D
Common Stock 09/28/2010 M 18,799 A $8.87 135,903 D
Common Stock 09/28/2010 S 18,799 D $18.25(1) 117,104 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
Non-Qualified Stock Option (right to buy) $6.94 09/28/2010 M 12,500 05/24/2009 04/24/2016 Common Stock 12,500 $0 32,292 D
Non-Qualified Stock Option (right to buy) $7.3 09/28/2010 M 15,354 09/11/2006 08/11/2013 Common Stock 15,354 $0 0 D
Non-Qualified Stock Option (right to buy) $7.83 09/28/2010 M 14,323 06/06/2008 05/06/2015 Common Stock 14,323 $0 26,042 D
Non-Qualified Stock Option (right to buy) $8.87 09/28/2010 M 18,799 06/18/2007 05/18/2014 Common Stock 18,799 $0 11,167 D
Non-Qualified Stock Option (right to buy) $13.36 09/28/2010 M 25,000 02/18/2002 01/18/2012 Common Stock 25,000 $0 0 D
Explanation of Responses:
1. Represents the weighted average sales price for all sales reported in the transaction by reporting person. The actual range of prices for the reported sales in the transaction is $18.11 to $18.36. Upon request, the reporting person will provide to the SEC's staff, the Issuer or its shareowners, full information regarding the number of shares sold at each separate price.
By: Laura Malinasky, Attorney-in-Fact For: William R. Hughes 09/30/2010
** 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).
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.