Schedule 13G

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 13G

 

 

Under the Securities Exchange Act of 1934

 

 

 

 

 

SABA SOFTWARE, INC.


(Name of Issuer)

 

 

COMMON STOCK


(Title of Class of Securities)

 

 

784932600


                                (CUSIP Number)                                

 

 

December 31, 2003


(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨ Rule 13d-1(b)

 

¨ Rule 13d-1(c)

 

x Rule 13d-1(d)

 

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

(Continued on following pages)

 

Page 1 of 5 Pages


CUSIP No. 784932600   13G   Page 2 of 5 Pages

 


  1.  

Name of Reporting Person

S.S. OR I.R.S. Identification No. of above person

 

            Babak Yazdani

   

  2.  

Check the Appropriate Box if a Member of a Group*

(a)  ¨

(b)  ¨

   

  3.  

SEC Use Only

 

   

  4.  

Citizenship or Place of Organization

 

            USA

   

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  5.    Sole Voting Power

 

                77,500


  6.    Shared Voting Power

 

                1,617,046


  7.    Sole Dispositive Power shares [same number as in 5 above]

 

                77,500


  8.    Shared Dispositive Power

 

                1,617,046


  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            1,694,546

   

10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*

 

¨

   

11.  

Percent of Class Represented by Amount in Row 9

 

            12.6%

   

12.  

Type of Reporting Person*

 

            IN

   


Page 3 of 5 Pages

 

Item 1.

 

(a)

  

NAME OF ISSUER

 

Saba Software, Inc.

         

Item 1.

 

(b)

  

ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:

 

2400 Bridge Parkway, Redwood Shores, CA 94065-1166

         

Item 2.

 

(a)

  

NAME OF PERSON FILING:

 

Babak Yazdani

         

Item 2.

 

(b)

  

ADDRESS OF PRINCIPAL OFFICE:

 

2400 Bridge Parkway, Redwood Shores, CA 94065-1166

         

Item 2.

 

(c)

  

CITIZENSHIP:

 

USA

         

Item 2.

 

(d)

  

TITLE OF CLASS OF SECURITIES:

 

Common Stock

         

Item 2.

 

(e)

  

CUSIP NUMBER:    

 

784932600

         

Item 3.

       Not applicable.          
Item 4.        OWNERSHIP          

 

The following information with respect to the ownership of the Common Stock of the Issuer by the person filing this Statement is provided as of December 31, 2003:

 

  (a) Amount Beneficially Owned:

 

1,694,546 shares. Includes (i) 1,442,046 shares of common stock held in the Yazdani Family Trust of which Mr. Yazdani is trustee; (ii) 50,000 shares of common stock held in The 2001 Yazdani GRAT dtd 11/26/01 of which Mr. Yazdani is trustee; (iii) 125,000 shares of common stock held in The 2002 Yazdani GRAT dtd 12/30/02 of which Mr. Yazdani is trustee; and (iv) 77,500 shares subject to options exercisable within 60 days of December 31, 2003.


Page 4 of 5 Pages

 

     (b)   

Percent of Class:

12.6%

         
     (c)    Number of shares as to which such person has:          
              (i)   

Sole power to vote or to direct the vote:

77,500

         
              (ii)   

Shared power to vote or to direct the vote:

1,617,046

         
              (iii)   

Sole power to dispose or to direct the disposition of:

77,500

         
              (iv)   

Shared power to dispose or to direct the disposition of:

1,617,046

         

Item 5.

  

OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

 

Not applicable.

    

Item 6.

  

OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

 

Not applicable.

         

Item 7.

  

IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

 

Not applicable.

Item 8.

  

IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

 

Not applicable.

         

Item 9.

  

NOTICE OF DISSOLUTION OF GROUP

 

Not applicable.

         

Item 10.

  

CERTIFICATION

 

Not applicable.

         


Page 5 of 5 Pages

 

SIGNATURE

 

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

Date: February 06, 2004
/s/    Babak Yazdani        

Babak Yazdani