Anton Chilton - 11 Jun 2021 Form 4 Insider Report for QAD INC (QADA_QADB)

Role
CEO, Director
Signature
/s/ Mark Rasmussen, Attorney in Fact for Anton Chilton
Issuer symbol
QADA_QADB
Transactions as of
11 Jun 2021
Transactions value $
-$791,264
Form type
4
Filing time
15 Jun 2021, 13:47:25 UTC
Previous filing
25 May 2021
Next filing
05 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QADA_QADB Class A Common Stock Options Exercise $0 +13,376 +12% $0 127,820 11 Jun 2021 Direct
transaction QADA_QADB Class A Common Stock Tax liability -$523,849 -6,631 -5.2% $79* 121,189 11 Jun 2021 Direct
transaction QADA_QADB Class A Common Stock Tax liability -$267,415 -3,385 -2.8% $79* 117,804 11 Jun 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QADA_QADB Performance Stock Units ("PSUs") Options Exercise $0 -13,376 -55% $0 11,000 11 Jun 2021 Class A Common Stock 13,376 $0 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 PSUs have no exercise date.
F2 Not applicable.
F3 The number of PSUs owned following the transaction reported herein is a target number only.