SEC Form 4 · accession 0001437749-18-011642
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
Jun 11, 2018
Accepted (ET)
Jun 12, 2018 · 4:32 pm 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 | $53.50 | Jun 11, 2018 | A | 190,000 | A | Jun 11, 2019 | Jun 11, 2026 | Class A Common Stock | 190,000 | 190,000 | D |
Explanation of responses
- F1Vests in four equal annual installments beginning June 11, 2019.