0000914190-17-000187.txt : 20170719 0000914190-17-000187.hdr.sgml : 20170719 20170719164544 ACCESSION NUMBER: 0000914190-17-000187 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170719 FILED AS OF DATE: 20170719 DATE AS OF CHANGE: 20170719 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SAND BENNO G CENTRAL INDEX KEY: 0001195598 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36600 FILM NUMBER: 17972676 MAIL ADDRESS: STREET 1: 1910 MOLINE CR CITY: EXCELSIOR STATE: MN ZIP: 55331 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SAJAN INC CENTRAL INDEX KEY: 0001118037 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 625 WHITETAIL BOULEVARD CITY: RIVER FALLS STATE: WI ZIP: 54022 BUSINESS PHONE: 715-426-9505 MAIL ADDRESS: STREET 1: 625 WHITETAIL BOULEVARD CITY: RIVER FALLS STATE: WI ZIP: 54022 FORMER COMPANY: FORMER CONFORMED NAME: MATHSTAR INC DATE OF NAME CHANGE: 20000705 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2017-07-19 1 0001118037 SAJAN INC SAJA 0001195598 SAND BENNO G 3455 LYMAN BOULEVARD CHASKA MN 55318 1 0 0 0 Stock Option (Right to Buy) 21.40 2017-07-19 4 E 0 250 D 2017-10-26 Common Stock 250 0 D Stock Option (Right to Buy) 2.88 2017-07-19 4 D 0 250 D 2018-12-11 Common Stock 250 0 D Stock Option (Right to Buy) 5.20 2017-07-19 4 D 0 250 D 2019-10-26 Common Stock 250 0 D Stock Option (Right to Buy) 5.60 2017-07-19 4 D 0 1250 D 2020-06-11 Common Stock 1250 0 D Stock Option (Right to Buy) 5.20 2019-07-19 4 D 0 1250 D 2021-06-08 Common Stock 1250 0 D Stock Option (Right to Buy) 3.80 2017-07-19 4 D 0 1250 D 2022-06-06 Common Stock 1250 0 D Stock Option (Right to Buy) 3.20 2017-07-19 4 D 0 1250 D 2023-06-13 Common Stock 1250 0 D Stock Option (Right to Buy) 5.40 2017-07-19 4 D 0 2500 D 2024-06-13 Common Stock 2500 0 D Stock Option (Right to Buy) 5.81 2017-07-19 4 D 0 2500 D 2025-06-12 Common Stock 2500 0 D Stock Option (Right to Buy) 4.50 2017-07-19 4 D 0 2500 D 2026-06-10 Common Stock 2500 0 D Pursuant to the Merger Agreement, each unvested stock option became fully vested and exercisable immediately prior to the effective time of the merger. Each stock option that was outstanding and unexercised as of the effective time of the merger and had an exercise price per share that was less than $5.83 was then cancelled and converted into the right to receive a cash payment equal to $5.83 minus the exercise price, multiplied by the number of shares issuable upon exercise of such stock option, less any required withholding of taxes. /s/ John R. Houston as Attorney-in-Fact for Benno G. Sand pursuant to Power of Attorney previously filed. 2017-07-19