X0303 4 2010-01-31 0 0001035748 CALLIDUS SOFTWARE INC CALD 0001391292 Graves Michael C/O CALLIDUS SOFTWARE INC. 160 WEST SANTA CLARA STREET SAN JOSE CA 95113 0 1 0 0 SVP, Engineering and CTO Common Stock 2010-01-31 4 F 0 2199 3.2 D 46014 D Common Stock 40523 I by Family Trust Represents the number of shares withheld by the Issuer to cover the Reporting Person's tax liability in connection with the vesting of common stock under one or more restricted stock units awards previously awarded. By: V. Holly Albert For: Michael Graves 2010-02-01