LOPKER PAMELA M (President) exercised options at QAD INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 7/31/2020ACC: 0001437749-20-016199
DirectorOfficer10% Owner· President
Since Dec 2018
-20.68K
Net shares
Net seller
$620.5K
Total sold
0
Open market trades
0B · 0S
4
Total transactions
30K acquired · 50.68K disposed
Non-Derivative Transactions3
Class B Common Stock
Direct
Shares
+30K
Price / share
$13.35
Trade value
$400.50K
% of position
58.2%
7/29/2020
51.52K→81.52K
Class B Common Stock
Direct
Shares
−13.35K
Price / share
$30.00
Trade value
$400.50K
% of position
16.4%
7/29/2020
81.52K→68.17K
Class B Common Stock
Direct
Shares
−7.33K
Price / share
$30.00
Trade value
$220.02K
% of position
10.8%
7/29/2020
68.17K→60.84K
Total
Net shares
+9.32K
Net value
-$220.02K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class B Common Stock Direct | 7/29/2020 | M · Option Exercise | +30K | $13.35 | $400.50K | 58.2% | 51.52K | 81.52K |
| Class B Common Stock Direct | 7/29/2020 | D · Disposition | −13.35K | $30.00 | $400.50K | 16.4% | 81.52K | 68.17K |
| Class B Common Stock Direct | 7/29/2020 | F · Tax Withholding | −7.33K | $30.00 | $220.02K | 10.8% | 68.17K | 60.84K |
| Total | +9.32K | -$220.02K | ||||||
Derivative Transactions1
Stock Appreciation Right (Right to Buy)
Direct
Converts to
Class B Common Stock
30K shares
Shares
−30K
Strike price
13.35
Held after
0.00
Exercisable
—
7/29/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Appreciation Right (Right to Buy) Direct | Class B Common Stock30K shares | 7/29/2020 | M · Option Exercise | −30K | 13.35 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)2
Class B Common Stock
DirectShares owned2.36M
Class B Common Stock
IndirectShares owned108.87K
Total
2.36M direct·108.87K indirect2.47M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class B Common Stock | 2.36M | Direct |
| Class B Common Stock | 108.87K | Indirect |
| Total | 2.47M | 2.36M direct·108.87K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported