Home/Filings/4/0001209191-21-063096
4//SEC Filing

CRUSCO KATHLEEN M 4

Accession 0001209191-21-063096

CIK 0001036188other

Filed

Nov 4, 8:00 PM ET

Accepted

Nov 5, 2:56 PM ET

Size

5.9 KB

Accession

0001209191-21-063096

Insider Transaction Report

Form 4
Period: 2021-11-05
QAD INCQADA, QADB
Transactions
  • Disposition to Issuer

    Class A Common Stock

    2021-11-059,5340 total
Footnotes (2)
  • [F1]Disposition pursuant to Agreement and Plan of Merger, dated as of June 27, 2021 (the "Merger Agreement") by and among Issuer, Project Quick Parent, LLC, a Delaware limited liability company ("Parent"), and Project Quick Merger Sub, Inc., a Delaware corporation and a direct, wholly owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub merged with and into Issuer (the "Merger"), with Issuer surviving the Merger as a wholly owned subsidiary of Parent.
  • [F2]In the Merger, each share of Issuer's Class A Common Stock and Class B Common Stock (together, the "Shares") (other than Shares issued and held by Issuer or any of its direct or indirect wholly owned subsidiaries immediately prior to the Merger effective time, Shares owned by Parent, Merger Sub or any of their respective direct or indirect wholly owned subsidiaries immediately prior to the Merger effective time, Rollover Shares and Dissenting Shares (each as defined in Issuer's proxy statement)), issued and outstanding immediately prior to the Merger effective time was cancelled and converted into the right to receive from Parent $87.50 per share in cash, without interest and less any applicable withholding taxes, subject to and in accordance with the terms and conditions of the Merger Agreement.

Issuer

QAD INC

CIK 0001036188

Entity typeother

Related Parties

1
  • filerCIK 0001237508

Filing Metadata

Form type
4
Filed
Nov 4, 8:00 PM ET
Accepted
Nov 5, 2:56 PM ET
Size
5.9 KB