CLINE PATRICK 4
4 · QUALITY SYSTEMS, INC · Filed Feb 2, 2011
Insider Transaction Report
Form 4
CLINE PATRICK
DirectorPresident, Quality Systems Inc
Transactions
- Exercise/Conversion
Common stock
2011-02-01$37.09/sh+15,000$556,350→ 18,750 total - Exercise/Conversion
Employee stock option (right to buy)
2011-02-01−15,000→ 0 totalExercise: $37.09Exp: 2011-08-11→ Common stock (15,000 underlying) - Sale
Common stock
2011-02-01$80.13/sh−10,000$801,300→ 3,750 total
Footnotes (3)
- [F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 12/13/2010.
- [F2]The transaction was executed in multiple trades at prices ranging from $80.00 to $80.25. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff or the issuer full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]Original grant of 15,000 options dated August 11, 2006 vests in four equal installments beginning August 11, 2007.