Home > Insider Trading > Filing (0001140361-11-056089)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1036188	Qad Inc	QADA, QADB	Services-Prepackaged Software (7372)	770105228

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1169918	D Lee Roberts	9010 Ne 47Th Street Yarrow Point WA 98004		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock ($0.001 Par Value)	Acquisiton	2011-04-25	33	$10.79	16,667	No	5	J	Direct
Class A Common Stock ($0.001 Par Value)	Acquisiton	2011-07-12	35	$10.49	16,702	No	5	J	Direct
Class A Common Stock ($0.001 Par Value)	Acquisiton	2011-10-10	48	$10.64	16,750	No	5	J	Direct
Class A Common Stock ($0.001 Par Value)	Disposition	2011-12-01	2,700	$11.08	14,050	No	4	S	Direct
Class B Common Stock ($0.001 Par Value)	Disposition	2011-12-01	784	$10.87	2,368	No	4	S	Direct
Class A Common Stock ($0.001 Par Value)	Disposition	2011-12-02	4,300	$11.04	9,750	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	5	J	Direct
No	5	J	Direct
No	5	J	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Footnotes

This filing on Form 4 discloses the acquisition of shares of QAD Class A Common Stock pursuant to a dividend which is exempt from the reporting requirements of Section 16 pursuant to Rule 16a-9(a).
Received pursuant to a dividend paid on QAD's outstanding stock which was payable either in cash or QAD Class A Common Stock at the election of the holder. This Form 4 reports a stock dividend received.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.07 to $11.10 inclusive. The reporting person undertakes to provide to QAD Inc., and security holders 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 Footnotes #3, #4 and #5 to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.83 to $10.90, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.08, inclusive.