LODATO MICHAEL W 4
4 · QAD INC · Filed Jan 12, 2006
Insider Transaction Report
Form 4
QAD INCqadi
LODATO MICHAEL W
EVP & Chief Marketing Officer
Transactions
- Exercise/Conversion
Common Stock
2006-01-11$2.87/sh+8,000$22,960→ 8,000 total - Sale
Common Stock
2006-01-11$8.00/sh−8,000$64,000→ 0 total - Exercise/Conversion
Non-qualified stock option (right to buy)
2006-01-11$2.87/sh+8,000$22,960→ 77,400 totalExercise: $2.87From: 2003-02-25Exp: 2010-02-25→ Common Stock (8,000 underlying)
Footnotes (1)
- [F1]Original grant was 150,000 shares. After exercise, 77,400 shares remain of the original option grant.