RAY MURRAY W 4
4 · QAD INC · Filed Oct 15, 2003
Insider Transaction Report
Form 4
QAD INCqadi
RAY MURRAY W
VP & Chief People Officer
Transactions
- Exercise/Conversion
Common Stock
2003-10-13$3.75/sh+1,700$6,375→ 1,700 total - Sale
Common Stock
2003-10-13$11.99/sh−1,700$20,383→ 0 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-10-13$3.75/sh+1,700$6,375→ 300 totalExercise: $3.75From: 2003-10-01Exp: 2007-10-01→ Common Stock (1,700 underlying)
Signature
Betty Weinert, attorney in fact for Murray Ray|2003-10-15