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Qad Inc (QADA, QADB)

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Insider Trading: Sales

Insider	Price	Amount	Relationship	Remaining Holdings	Date	Form 4
Lopker	$12.70	500	Large Shareholder, Officer, Director	280,140	2012-10-16	Filing
Lopker	$12.70	1,000	Large Shareholder, Officer, Director	280,140	2012-10-15	Filing
Lopker	$12.70	116	Large Shareholder, Officer, Director	280,140	2012-10-19	Filing
Lopker	$12.70	1,000	Large Shareholder, Officer, Director	280,140	2012-10-18	Filing
Lopker	$12.70	2,500	Large Shareholder, Officer, Director	280,140	2012-10-17	Filing
Lopker	$12.70	500	Large Shareholder, Officer, Director	280,140	2012-10-16	Filing
Lopker	$12.70	1,000	Large Shareholder, Officer, Director	280,140	2012-10-15	Filing
Bellamy	$12.38	137	Officer	6,006	2012-06-07	Filing
Fleming	$12.38	320	Officer	14,056	2012-06-07	Filing
Lender	$12.38	2,292	Officer	119,472	2012-06-07	Filing
Bellamy	$11.82	55	Officer	1,139	2012-06-01	Filing
Bellamy	$11.85	220	Officer	6,143	2012-06-01	Filing
Lender	$11.82	1,250	Officer	17,162	2012-06-01	Filing
Lender	$11.85	1,044	Officer	121,764	2012-06-01	Filing
Fleming	$11.82	91	Officer	2,661	2012-06-01	Filing
Fleming	$11.85	366	Officer	14,376	2012-06-01	Filing
Lopker	$11.85	4,583	Large Shareholder, Officer, Director	98,292	2012-06-01	Filing
Lopker	$11.85	4,583	Large Shareholder, Officer, Director	98,469	2012-06-01	Filing
Van	$12.40	1,200	Director	21	2012-04-09	Filing
Van	$12.59	4,800	Director	4,253	2012-04-09	Filing