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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
863650	Adam Inc	ADAM	Services-Prepackaged Software (7372)	581878070

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1359132	B Mark Adams	10 10Th Street Ne Suite 500 Atlanta GA 30309	Chief Executive Officer	Yes	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	Explanation
Common Stock	Disposition	2010-12-08	2,000	$6.53	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Options	Disposition	2011-02-07	26,666	$2.95	26,666	$3.00
Common Stock	Stock Options	Disposition	2011-02-07	132,000	$2.08	132,000	$3.87

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2019-05-30	No	4	D	Direct
0		2020-03-22	No	4	D	Direct

Footnotes

This option, which provided for vesting in three equal annual installments beginning May 30, 2009, was canceled in the merger between the issuer and Ebix, Inc. in exchange for a cash payment of $78,664.70, representing the difference between the exercise price of the option and $5.95 per share.
This option, which provided for vesting in three equal annual installments beginning March 22, 2010, was canceled in the merger in exchange for a cash payment of $274,560, representing the difference between the exercise price of the option and $5.95 per share.