CLINE PATRICK 4
4 · QUALITY SYSTEMS, INC · Filed Jun 29, 2011
Insider Transaction Report
Form 4
CLINE PATRICK
DirectorPresident, Quality Systems Inc
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2011-06-27−32,014→ 1,500 totalExercise: $38.83Exp: 2012-06-12→ Common Stock (32,014 underlying) - Exercise/Conversion
Common Stock
2011-06-27$38.83/sh+32,014$1,243,104→ 50,764 total - Exercise/Conversion
Common Stock
2011-06-27$58.62/sh+3,000$175,860→ 53,764 total - Sale
Common Stock
2011-06-27$82.74/sh−53,764$4,448,433→ 0 total - Exercise/Conversion
Employee Stock Option (right to buy)
2011-06-27−3,000→ 12,000 totalExercise: $58.62Exp: 2018-06-02→ Common Stock (3,000 underlying)
Footnotes (4)
- [F1]Original grant of 55,000 options dated 06/12/2007 vests in four equal, annual installments beginning 06/12/2008.
- [F2]Original grant of 15,000 options dated 06/02/2010 vests in five equal, annual installments beginning 06/02/2011.
- [F3]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 06/13/2011.
- [F4]The transaction was executed in multiple trades at prices ranging from $82.10 to $83.50. The price reported 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.