0001181431-12-004058.txt : 20120126 0001181431-12-004058.hdr.sgml : 20120126 20120126183745 ACCESSION NUMBER: 0001181431-12-004058 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120124 FILED AS OF DATE: 20120126 DATE AS OF CHANGE: 20120126 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SABA SOFTWARE INC CENTRAL INDEX KEY: 0001070380 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 943267638 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 BUSINESS ADDRESS: STREET 1: 2400 BRIDGE PARKWAY STREET 2: SIOTE 150 CITY: REDWOOD SHORES STATE: CA ZIP: 94065-1166 BUSINESS PHONE: 6506963822 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: YAZDANI BABAK CENTRAL INDEX KEY: 0001134454 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34372 FILM NUMBER: 12548768 MAIL ADDRESS: STREET 1: 2400 BRIDGE PARKWAY CITY: REDWOOD SHORES STATE: CA ZIP: 94065 4 1 rrd331584.xml YAZDANI FORM 4 X0304 4 2012-01-24 0 0001070380 SABA SOFTWARE INC SABA 0001134454 YAZDANI BABAK 2400 BRIDGE PARKWAY REDWOOD SHORES CA 94065-1166 1 1 0 0 CEO & Chairman of the Board Common Stock 2012-01-24 4 M 0 51584 2.52 A 67414 D Common Stock 2012-01-24 4 S 0 51584 9.8549 D 15830 D Common Stock 2012-01-25 4 M 0 148416 2.52 A 164246 D Common Stock 2012-01-25 4 S 0 148416 9.8564 D 15830 D Common Stock 2012-01-25 4 M 0 19300 1.30 A 35130 D Common Stock 2012-01-25 4 S 0 19300 10.0001 D 15830 D Common Stock 2012-01-26 4 M 0 14909 1.30 A 30739 D Common Stock 2012-01-26 4 S 0 14909 9.9633 D 15830 D Common Stock 1130017 I See Footnote Stock Option (Right to Buy) 2.52 2012-01-24 4 M 0 51584 0.00 D 2013-03-19 Common Stock 51584 148416 D Stock Option (Right to Buy) 2.52 2012-01-25 4 M 0 148416 0.00 D 2013-03-19 Common Stock 148416 0 D Stock Option (Right to Buy) 1.30 2012-01-25 4 M 0 19300 0.00 D 2015-01-16 Common Stock 19300 130700 D Stock Option (Right to Buy) 1.30 2012-01-26 4 M 0 14909 0.00 D 2015-01-16 Common Stock 14909 115791 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.85 to $9.902, inclusive. The reporting person undertakes to provide to Saba Software Inc, any security holder of Saba Software Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.85 to $9.90, inclusive. The reporting person undertakes to provide to Saba Software Inc, any security holder of Saba Software Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.01, inclusive. The reporting person undertakes to provide to Saba Software Inc, any security holder of Saba Software Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.85 to $10.00, inclusive. The reporting person undertakes to provide to Saba Software Inc, any security holder of Saba Software Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4. Shares held by the Babak and Lisa Yazdani Trust dtd 4/27/00. The option vests periodically over a period of four years. Babak Yazdani 2012-01-26