Cunningham Terence Robert 4
4 · QAD INC · Filed Feb 15, 2011
Insider Transaction Report
Form 4
QAD INCQADA, QADB
Cunningham Terence Robert
Director
Transactions
- Other
Class A Common Stock ($0.001 par value)
2010-12-15+10,226→ 10,226 total - Other
Class B Common Stock ($0.001 par value)
2010-12-15+2,556→ 2,556 total - Other
Common Stock ($0.001 par value)
2010-12-15−25,566→ 0 total
Footnotes (2)
- [F1]Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock ($0.001 par value) was reclassified into 0.1 of a share of Class B Common Stock ($0.001 par value) (the "Reclassification").
- [F2]QAD declared a dividend of four shares of Class A Common Stock ($0.001 par value) for each share of Class B Common Stock outstanding as of December 15, 2010 (the "Dividend") which is exempt from the reporting requirements of Section 16 pursuant to Rule 16a-9(a).