SEC Form 4 · accession 0001140361-16-069946
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
Jun 14, 2016
Accepted (ET)
Jun 16, 2016 · 8:02 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001036188
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Right (Right to Buy)F1 | $19.12 | Jun 14, 2016 | A | 160,000 | A | Jun 14, 2017 | Jun 14, 2024 | Class A Common Stock | 160,000 | 160,000 | D |
| Stock Appreciation Right (Right to Buy)F1 | $16.07 | Jun 14, 2016 | A | 30,000 | A | Jun 14, 2017 | Jun 14, 2024 | Class B Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1Vests in four equal annual installments beginning June 14, 2017.