QAD INC 4
4 · QAD INC · Filed Oct 4, 2005
Insider Transaction Report
Form 4
QAD INCqadi
DESILETS ROLAND B
EVP, General Counsel & Secy
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2005-10-03$2.50/sh+10,880$27,200→ 10,880 totalExercise: $2.50From: 2002-02-20Exp: 2009-02-20→ Common Stock (10,880 underlying) - Exercise/Conversion
Common Stock
2005-10-03$2.50/sh+10,880$27,200→ 10,880 total - Sale
Common Stock
2005-10-03$8.30/sh−10,880$90,305→ 10,000 total
Footnotes (1)
- [F1]Original option grant was 60,000 shares. After this transaction, 10,000 shares remain of the original grant.