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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (right to buy) | $ 4.5 | 07/26/2007(1)(3) | D | 750 (2) | (3) | 10/01/2011 | Common Stock | 750 | $ 0 | 0 | D | ||||
Employee Stock Option (right to buy) | $ 9.13 | 07/26/2007(1)(3) | A | 750 (2) | (3) | 10/01/2011 | Common Stock | 750 | $ 0 | 750 | D | ||||
Employee Stock Option (right to buy) | $ 2.5 | 07/26/2007(1)(4) | D | 7,083 (2) | (4) | 05/12/2013 | Common Stock | 7,083 | $ 0 | 0 | D | ||||
Employee Stock Option (right to buy) | $ 5 | 07/26/2007(1)(4) | A | 7,083 (2) | (4) | 05/12/2013 | Common Stock | 7,083 | $ 0 | 7,083 | D | ||||
Employe Stock Option (right to buy) | $ 10.43 | 07/26/2007(1)(5) | D | 8,750 (2) | (5) | 06/14/2014 | Common Stock | 8,750 | $ 0 | 0 | D | ||||
Employee Stock Option (right to buy) | $ 10.8 | 07/26/2007(1)(5) | A | 8,750 (2) | (5) | 06/14/2014 | Common Stock | 8,750 | $ 0 | 8,750 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
St Jean James 20400 STEVENS CREEK SUITE 400 CUPERTINO, CA 95014 |
VP Worldwide Engineering |
/s/ Nancy H. Wojtas (Attorney-in-Fact) | 07/31/2007 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | The reporting person has entered into an agreement, date July 26, 2007 (the "Agreement"), with Chordiant Software, Inc. (the "Company") to amend the exercise price of that number of unexercised shares subject to each option as reported in this Form 4 (each, a "Subject Option") to increase the exercise price to 100% of the fair market value of the Company's common stock on the applicable accounting measurement date for each Subject Option, as such applicable accounting measurement date has been revised by the Company. |
(2) | For Section 16 reporting purposes only, the increase in the exercise price is deemed to be a cancellation of the old option and the grant of a replacement option. The other terms of the outstanding Subject Options (including any vesting of the Subject Options) remain unchanged. |
(3) | The original option grant date was October 2, 2001 and the revised accounting measurement date is November 29, 2001. The shares vest monthly over forty-eight (48) months from the date of grant. |
(4) | The original option grant date was May 13, 2003 and revised accounting measurement date is July 14, 2003. The shares vest monthly over twenty-four (24) months from the date of grant. |
(5) | The original option grant date was June 15, 2004 and the revised accounting measurement date is June 17, 2004. The shares vest monthly over thirty-six (36) months from the date of grant. |