X0306 4 2018-04-05 1 0001035748 CALLIDUS SOFTWARE INC CALD 0001184213 BOESENBERG CHARLES C/O CALLIDUS SOFTWARE INC. 4140 DUBLIN BLVD., SUITE 400 DUBLIN CA 94568 1 0 0 0 Common Stock 2018-04-05 4 D 0 166714 36.00 D 0 D This Form 4 is being filed in connection with the April 5, 2018 closing of the merger (the "Merger") of Emerson One Acquisition Corp. ("Merger Sub") with and into the Issuer pursuant to the Agreement and Plan of Merger, dated as of January 29, 2018 (the "Merger Agreement"), by and among SAP America, Inc., Merger Sub and the Issuer. Upon closing of the Merger, each outstanding share of Common Stock of the Issuer was converted into the right to receive $36.00 per share in cash, without interest (the "Merger Consideration"). Disposed of pursuant to the Merger Agreement. By: Vanessa Pon For: Charles M. Boesenberg 2018-04-05