SEC Form 4 · accession 0001437749-18-006317

QAD INC · QADA, QADB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

Officer — President · Director · 10% Owner

Period of report

Apr 2, 2018

Accepted (ET)

Apr 4, 2018 · 2:06 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	223,511	D
Class A Common Stock ($0.001 par value)	Apr 2, 2018	D	25,816	$41.65	D	197,695	D
Class A Common Stock ($0.001 par value)	Apr 2, 2018	F	41,488	$41.65	D	156,207	D
Class B Common Stock ($0.001 par value)	Apr 2, 2018	M	30,000	$8.96	D	60,193	D
Class B Common Stock ($0.001 par value)	Apr 2, 2018	D	8,669	$31.01	D	51,524	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	—	—		—	156,556	I	By spouse
Class B Common Stock ($0.001 par value)	holding	—	—		—	51,772	I	By spouse

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, 2011	Class B Common Stock	30,000	0	D