QAD INC 4
4 · QAD INC · Filed Aug 26, 2003
Insider Transaction Report
Form 4
QAD INCqadi
NIEDZIELSKI VINCENT P
EVP R&D
Transactions
- Exercise/Conversion
Common Stock
2003-08-25$2.70/sh+7,500$20,250→ 7,500 total - Sale
Common Stock
2003-08-25$9.00/sh−7,500$67,523→ 0 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-08-25$2.70/sh−7,500$20,250→ 219,775 totalExercise: $2.70From: 2003-06-05Exp: 2010-06-05→ Common Stock (7,500 underlying)