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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1088033	Quest Software Inc	QSFT	Services-Prepackaged Software (7372)	330231678

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1415242	Scott Davidson	C/O Quest Software, Inc. 5 Polaris Way Aliso Viejo CA 92656	Senior Vice President And Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2010-02-26	6,000	$7.89	17,728	No	4	M	Direct
Common Stock	Disposition	2010-02-26	6,000	$16.90	11,728	No	4	S	Direct
Common Stock	Acquisiton	2010-02-26	27,757	$0.00	39,485	No	4	A	Direct
Common Stock	Disposition	2010-03-01	5,545	$17.29	33,940	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	A	Direct
No	4	F	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2010-02-26	6,000	$0.00	6,000	$7.89
Common Stock	Stock Option (right to buy)	Acquisiton	2010-02-26	142,350	$0.00	142,350	$16.85

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
16,000		2012-10-08	No	4	M	Direct
142,350		2020-02-26	No	4	A	Direct

Footnotes

Sale prices for the transactions reported here range from $16.90 to $16.905. Full information regarding the number of shares sold at each separate price will be provided to the SEC, the issuer or its stockholders upon request.
Represents a restricted stock unit award with respect to 27,757 shares of Quest Software common stock that vests in three equal increments on each of March 1, 2010, March 1, 2011 and March 1, 2012. Shares of common stock representing the vested restricted stock units will be delivered to the reporting person on each vesting date, subject to the reporting person's right to defer delivery of those shares in accordance with Section 409A of the Internal Revenue Code.
On February 26, 2010, the compensation committee of Quest Software's board of directors certified the achievement of the performance objectives established under the Executive Incentive Plan for the period ended December 31, 2009, resulting in the restricted stock unit award reported herein.
Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
These options vest as follows: (a) 20% on the first anniversary of the date of grant, and (b) 10% upon the completion of each of the next eight six-month periods of employment.