SEC Form 4 · accession 0001437749-18-006313
QAD INC · QADA, QADB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karl F Lopker
Officer — CEO · Director · 10% Owner
Period of report
Apr 2, 2018
Accepted (ET)
Apr 4, 2018 · 1:57 pm EDT
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) | Apr 2, 2018 | M | 120,000 | $8.96 | A | 223,860 | D | |
| Class A Common Stock ($0.001 par value) | Apr 2, 2018 | D | 25,816 | $41.65 | D | 198,044 | D | |
| Class A Common Stock ($0.001 par value) | Apr 2, 2018 | F | 41,488 | $41.65 | D | 156,556 | D | |
| Class B Common Stock ($0.001 par value) | Apr 2, 2018 | M | 30,000 | $8.96 | A | 60,441 | D | |
| Class B Common Stock ($0.001 par value) | Apr 2, 2018 | D | 8,669 | $31.01 | D | 51,772 | D | |
| Class A Common Stock ($0.001 par value) | holding | — | — | — | 5,020,095 | D | ||
| Class B Common Stock ($0.001 par value) | holding | — | — | — | 2,357,535 | D | ||
| Class A Common Stock ($0.001 par value) | holding | — | — | — | 156,207 | I | By spouse | |
| Class B Common Stock ($0.001 par value) | holding | — | — | — | 51,524 | I | By spouse |
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) | $8.96 | Apr 2, 2018 | M | 120,000 | A | Jun 1, 2011 | Jun 1, 2018 | Class A Common Stock | 120,000 | 0 | D |
| Stock Appreciation Right (Right to Buy) | $8.96 | Apr 2, 2018 | M | 30,000 | A | Jun 1, 2011 | Jun 1, 2018 | Class B Common Stock | 30,000 | 0 | D |