RAY MURRAY W 4
4 · QAD INC · Filed Jul 20, 2005
Insider Transaction Report
Form 4
QAD INCqadi
RAY MURRAY W
VP & Chief People Officer
Transactions
- Award
Non-Qualified Stock Option
[F1]2005-07-19$7.82/sh+25,000$195,500→ 25,000 totalExercise: $7.82From: 2006-07-19Exp: 2013-07-19→ Common Stock (25,000 underlying)
Footnotes (1)
- [F1]Vests in four equal annual installments beginning July 19, 2006
Signature
Betty Weinert, attorney-in-fact for Murray W. Ray|2005-07-20