LENDER DANIEL (EVP & CFO) exercised options at QAD INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 6/25/2020ACC: 0001437749-20-013898
-2.92K
Net shares
Net seller
$122.8K
Total sold
0
Open market trades
0B · 0S
4
Total transactions
2.97K acquired · 5.88K disposed
Non-Derivative Transactions3
Class A Common Stock
Direct
Shares
+2.97K
Price / share
—
Trade value
—
% of position
1.6%
6/23/2020
187.73K→190.70K
Class A Common Stock
Direct
Shares
−1.47K
Price / share
$42.10
Trade value
$61.89K
% of position
0.8%
6/23/2020
190.70K→189.23K
Class A Common Stock
Direct
Shares
−1.45K
Price / share
$42.10
Trade value
$60.88K
% of position
0.8%
6/23/2020
189.23K→187.78K
Total
Net shares
+50.00
Net value
-$122.76K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 6/23/2020 | M · Option Exercise | +2.97K | — | — | 1.6% | 187.73K | 190.70K |
| Class A Common Stock Direct | 6/23/2020 | F · Tax Withholding | −1.47K | $42.10 | $61.89K | 0.8% | 190.70K | 189.23K |
| Class A Common Stock Direct | 6/23/2020 | F · Tax Withholding | −1.45K | $42.10 | $60.88K | 0.8% | 189.23K | 187.78K |
| Total | +50.00 | -$122.76K | ||||||
Derivative Transactions1
Performance Stock Units ("PSUs")
Direct
Converts to
Class A Common Stock
2.97K shares
Shares
−2.97K
Strike price
0
Held after
8.33K
Exercisable
—
6/23/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance Stock Units ("PSUs") Direct | Class A Common Stock2.97K shares | 6/23/2020 | M · Option Exercise | −2.97K | 0 | — | 8.33K |