QAD INC 4
4 · QAD INC · Filed Jan 15, 2004
Insider Transaction Report
Form 4
QAD INCqadi
LODATO MICHAEL W
EVP & Chief Marketing Officer
Transactions
- Sale
Common Stock
2004-01-14$14.16/sh−2,500$35,405→ 0 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-01-14$2.87/sh+2,500$7,175→ 122,500 totalExercise: $2.87From: 2003-02-25Exp: 2010-02-25→ Common Stock (2,500 underlying) - Exercise/Conversion
Common Stock
2004-01-14$2.87/sh+2,500$7,175→ 2,500 total