SEC Form 4 · accession 0001140361-15-002073
QAD INC · QADA, QADB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pamela M Lopker
Officer — President · Director · 10% Owner
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 8:12 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001036188
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock ($0.001 par value)F1 | Jan 15, 2015 | S | 1,000,000 | $20.00 | D | 5,788,464 | D | |
| Class A Common Stock ($0.001 par value) | holding | — | — | — | 103,511 | D | ||
| Class A Common Stock ($0.001 par value) | holding | — | — | — | 330,140 | I | Lopker Family Foundation | |
| Class A Common Stock ($0.001 par value) | holding | — | — | — | 5,084 | I | Lopker Family 1997 Charitable Remainder Trust | |
| Class A Common Stock ($0.001 par value) | holding | — | — | — | 103,860 | I | By spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale of 1,000,000 shares of Class A Common Stock (par value $0.001) from the Lopker Living Trust was made in connection with an underwritten public offering pursuant to a prospectus supplement filed with the Securities and Exchange Commission on January 15, 2015 and is being reported on Form 4 for both Pamela M. Lopker and Karl F. Lopker who act as joint trustees of the Lopker Living Trust.