Kara Bellamy - Jun 11, 2021 Form 4 Insider Report for QAD INC (QADA_QADB)

Role
SVP/Chief Accounting Officer
Signature
/s/ Mark Rasmussen, Attorney in Fact for Kara Bellamy
Stock symbol
QADA_QADB
Transactions as of
Jun 11, 2021
Transactions value $
-$135,327
Form type
4
Date filed
6/15/2021, 01:57 PM
Previous filing
May 25, 2021
Next filing
Jun 24, 2021

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 +1.52K +9.31% $0.00 17.8K Jun 11, 2021 Direct
transaction QADA_QADB Class A Common Stock Tax liability -$41.5K -525 -2.94% $79.00* 17.3K Jun 11, 2021 Direct
transaction QADA_QADB Class A Common Stock Tax liability -$34.1K -432 -2.49% $79.00* 16.9K Jun 11, 2021 Direct
transaction QADA_QADB Class A Common Stock Tax liability -$25.6K -324 -1.92% $79.00* 16.6K Jun 11, 2021 Direct
transaction QADA_QADB Class A Common Stock Tax liability -$34.1K -432 -2.61% $79.00* 16.1K Jun 13, 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 -1.52K -54.87% $0.00 1.25K Jun 11, 2021 Class A Common Stock 1.52K $0.00 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.