EGAIN Corp — Director's Dealing 2012

Jan 10, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EGAIN COMMUNICATIONS CORP (egan)
CIK: 0001066194
Period of Report: 2012-01-09

Reporting Person: JEPSON CHARLES W (SRVP Business Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-09	Common Stock	M	10000	$0.78	Acquired	10000	Direct
2012-01-09	Common Stock	S	10000	$6.4131	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-09	Employee Stock Option (right to buy)	$0.78	M	10000	Acquired	2020-06-28	Common Stock (10000)	Direct

Footnotes

F1: This sale of common stock was effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on December 9, 2011.

F2: Reporting person undertakes to provide upon request by the Securities and Exchange Commission, the issuer or a securityholder of the issuer detailed information regarding the price and number of shares sold withing the range indicated.

F3: Represents weighted average sale price. Actual sale prices ranged from $6.26 to $6.87

F4: This option became exercisable as to 25% of the shares on 06/28/11 and became exercisable as to 1/48th of the shares each full month thereafter.