LENDER DANIEL 4
4 · QAD INC · Filed Jul 7, 2020
Insider Transaction Report
Form 4
QAD INCQADA_QADB
LENDER DANIEL
EVP & Chief Financial Officer
Transactions
- Sale
Class A Common Stock
2020-07-06$41.02/sh−8,523$349,613→ 179,258 total - Sale
Class A Common Stock
2020-07-07$40.15/sh−5,423$217,733→ 173,835 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.90 to $41.51, inclusive. The reporting person undertakes to provide to QAD Inc., any security holder of QAD Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.01 to $40.63, inclusive. The reporting person undertakes to provide to QAD Inc., any security holder of QAD Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.