QAD INC 4
4 · QAD INC · Filed Apr 8, 2004
Insider Transaction Report
Form 4
QAD INCqadi
LODATO MICHAEL W
EVP & Chief Marketing Officer
Transactions
- Exercise/Conversion
Common Stock
2004-04-07$2.87/sh+5,000$14,350→ 11,951 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-04-07$2.87/sh+5,000$14,350→ 102,500 totalExercise: $2.87From: 2003-02-25Exp: 2010-02-25→ Common Stock (5,000 underlying) - Sale
Common Stock
2004-04-07$13.54/sh−5,000$67,700→ 6,951 total