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: 6/15/2021ACC: 0001437749-21-014811
-10.73K
Net shares
Net seller
$847.8K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
7.60K acquired · 18.33K disposed
Non-Derivative Transactions5
Class A Common Stock
Direct
Shares
+7.60K
Price / share
—
Trade value
—
% of position
4.6%
6/11/2021
166.34K→173.94K
Class A Common Stock
Direct
Shares
−3.77K
Price / share
$79.00
Trade value
$297.67K
% of position
2.2%
6/11/2021
173.94K→170.17K
Class A Common Stock
Direct
Shares
−2.16K
Price / share
$79.00
Trade value
$170.72K
% of position
1.3%
6/11/2021
170.17K→168.01K
Class A Common Stock
Direct
Shares
−1.71K
Price / share
$79.00
Trade value
$134.69K
% of position
1.0%
6/11/2021
168.01K→166.30K
Class A Common Stock
Direct
Shares
−3.10K
Price / share
$79.00
Trade value
$244.74K
% of position
1.9%
6/13/2021
166.30K→163.20K
Total
Net shares
−3.13K
Net value
-$847.83K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 6/11/2021 | M · Option Exercise | +7.60K | — | — | 4.6% | 166.34K | 173.94K |
| Class A Common Stock Direct | 6/11/2021 | F · Tax Withholding | −3.77K | $79.00 | $297.67K | 2.2% | 173.94K | 170.17K |
| Class A Common Stock Direct | 6/11/2021 | F · Tax Withholding | −2.16K | $79.00 | $170.72K | 1.3% | 170.17K | 168.01K |
| Class A Common Stock Direct | 6/11/2021 | F · Tax Withholding | −1.71K | $79.00 | $134.69K | 1.0% | 168.01K | 166.30K |
| Class A Common Stock Direct | 6/13/2021 | F · Tax Withholding | −3.10K | $79.00 | $244.74K | 1.9% | 166.30K | 163.20K |
| Total | −3.13K | -$847.83K | ||||||
Derivative Transactions1
Performance Stock Units ("PSUs")
Direct
Converts to
Class A Common Stock
7.60K shares
Shares
−7.60K
Strike price
0
Held after
6.25K
Exercisable
—
6/11/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance Stock Units ("PSUs") Direct | Class A Common Stock7.60K shares | 6/11/2021 | M · Option Exercise | −7.60K | 0 | — | 6.25K |