EGAIN Corp — Director's Dealing 2012

May 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EGAIN COMMUNICATIONS CORP (egan)
CIK: 0001066194
Period of Report: 2012-05-01

Reporting Person: Hresko Thomas Michael (SVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-01	Common Stock	M	5000	$0.76	Acquired	5000	Direct
2012-05-01	Common Stock	S	5000	$6	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-01	Employee Stock Option (right to buy)	$0.76	P	5000	Acquired	2015-12-07	Common Stock (5000)	Direct

Footnotes

F1: This sale of common stock was effected pursuant to a Ruel 10b5-1 sales plan adopted by the reporting person on February 10, 2012.

F2: Reprting person undertakes to provide upon request by the Securities and Exchange Commission, the issuer or a security holder of the issuer detailed information regarding the price and numbe of shares sold wthin the range indicated.

F3: All shares sold at exactly $6.00 per share.

F4: This option became exercisable as to 25% of the shares on 11/28/2006 and became exercisable as to 1/36th of the shares each full month thereafter.