QAD INC|4Apr 24, 9:51 AM ET

QAD INC 4

4 · QAD INC · Filed Apr 24, 2007

Form 4

Period: 2007-04-23

EVP, General Counsel & Secy

Transactions

Sale
Common Stock
2007-04-23$9.93/sh−6,250$62,056→ 0 total
Sale
Common Stock
2007-04-23$9.93/sh−3,000$29,787→ 0 total
Exercise/Conversion
Common Stock
2007-04-23$3.25/sh+3,000$9,750→ 3,000 total
Exercise/Conversion
Common Stock
2007-04-23$9.71/sh+10,000$97,100→ 10,000 total
Sale
Common Stock
2007-04-23$9.93/sh−10,000$99,289→ 0 total
Exercise/Conversion
Common Stock
2007-04-23$7.82/sh+6,250$48,875→ 6,250 total
Exercise/Conversion
Employee Stock Option (right to buy)
2007-04-23$3.25/sh+3,000$9,750→ 0 total
Exercise: $3.25From: 2004-02-05Exp: 2011-02-05→ Common Stock (3,000 underlying)
Exercise/Conversion
Employee Stock Option (right to buy)
2007-04-23$9.71/sh+10,000$97,100→ 10,000 total
Exercise: $9.71From: 2005-05-21Exp: 2012-05-21→ Common Stock (10,000 underlying)
Exercise/Conversion
Employee Stock Option (right to buy)
2007-04-23$7.82/sh+6,250$48,875→ 18,750 total
Exercise: $7.82From: 2006-07-19Exp: 2013-07-19→ Common Stock (6,250 underlying)

Footnotes (3)

[F1]Original grant was for 12,000 shares. After this transaction, no shares remain of the original grant.
[F2]Original grant was for 20,000 shares. After this transaction, 10,000 shares remain of the original option grant.
[F3]Original grant was for 25,000 shares. After this transaction, 18,750 shares remain of the original option grant.

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