-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, P79W/Mx9XJFcFOuHQ3NA47BYJlpuCbyc64amrhu2SUGviJWZcuxK2ZOvE2V/g9IJ 77PmVbWF942i2GiG3wP0LQ== 0001140361-11-009703.txt : 20110215 0001140361-11-009703.hdr.sgml : 20110215 20110215113448 ACCESSION NUMBER: 0001140361-11-009703 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101215 FILED AS OF DATE: 20110215 DATE AS OF CHANGE: 20110215 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Fleming Gordon CENTRAL INDEX KEY: 0001461860 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35013 FILM NUMBER: 11613011 BUSINESS ADDRESS: BUSINESS PHONE: 805-566-4511 MAIL ADDRESS: STREET 1: 4232 ENCORE DRIVE CITY: SANTA BARBARA STATE: CA ZIP: 93110 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: QAD INC CENTRAL INDEX KEY: 0001036188 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 770105228 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: 100 INNOVATION PLACE CITY: SANTA BARBARA STATE: CA ZIP: 93108 BUSINESS PHONE: 8055666000 MAIL ADDRESS: STREET 1: 100 INNOVATION PLACE CITY: SANTA BARBARA STATE: CA ZIP: 93108 4 1 doc1.xml FORM 4 X0303 4 2010-12-15 0 0001036188 QAD INC QADA, QADB 0001461860 Fleming Gordon 4232 ENCORE DRIVE SANTA BARBARA CA 93110 0 1 0 0 EVP & Chief Marketing Officer Common Stock ($0.001 par value) 2010-12-15 5 J 0 30254 0 D 0 D Class B Common Stock ($0.001 par value) 2010-12-15 5 J 0 3025 0 A 3025 D Class A Common Stock ($0.001 par value) 2010-12-15 5 J 0 12101 0 A 12101 D Stock Appreciation Right (right to buy) 3.91 2010-12-15 4 D 0 4800 0 D 2010-08-13 2013-07-12 Common Stock 4800 0 D Stock Appreciation Right (right to buy) 7.82 2010-12-15 4 A 0 480 0 A 2010-08-13 2013-07-12 Class B Common Stock 480 480 D Stock Appreciation Right (right to buy) 7.82 2010-12-15 4 A 0 1920 0 A 2010-08-13 2013-07-12 Class A Common Stock 1920 1920 D Stock Appreciation Right (right to buy) 3.91 2010-12-15 4 D 0 6316 0 D 2010-08-13 2014-06-07 Common Stock 6316 0 D Stock Appreciation Right (right to buy) 7.82 2010-12-15 4 A 0 632 0 A 2010-08-13 2014-06-07 Class B Common Stock 632 632 D Stock Appreciation Right (right to buy) 7.82 2010-12-15 4 A 0 2527 0 A 2010-08-13 2014-06-07 Class A Common Stock 2527 2527 D Stock Appreciation Right (right to buy) 3.91 2010-12-15 4 D 0 10872 0 D 2010-08-13 2015-04-02 Common Stock 10872 0 D Stock Appreciation Right (right to buy) 7.82 2010-12-15 4 A 0 1088 0 A 2010-08-13 2015-04-02 Class B Common Stock 1088 1088 D Stock Appreciation Right (right to buy) 7.82 2010-12-15 4 A 0 4349 0 A 2010-08-13 2015-04-02 Class A Common Stock 4349 4349 D Stock Appreciation Right (right to buy) 3.91 2010-12-15 4 D 0 1944 0 D 2010-08-13 2012-03-08 Common Stock 1944 0 D Stock Appreciation Right (right to buy) 7.82 2010-12-15 4 A 0 195 0 A 2010-08-13 2012-03-08 Class B Common Stock 195 195 D Stock Appreciation Right (right to buy) 7.82 2010-12-15 4 A 0 778 0 A 2010-08-13 2012-03-08 Class A Common Stock 778 778 D Stock Appreciation Right (right to buy) 4.90 2010-12-15 4 D 0 25000 0 D 2010-10-15 2017-10-15 Common Stock 25000 0 D Stock Appreciation Right (right to buy) 9.80 2010-12-15 4 A 0 2500 0 A 2010-10-15 2017-10-15 Class B Common Stock 2500 2500 D Stock Appreciation Right (right to buy) 9.80 2010-12-15 4 A 0 10000 0 A 2010-10-15 2017-10-15 Class A Common Stock 10000 10000 D Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock ($0.001 par value) was reclassified into 0.1 of a share of Class B Common Stock ($0.001 par value) (the "Reclassification"). QAD declared a dividend of four shares of Class A Common Stock ($0.001 par value) for each share of Class B Common Stock outstanding as of December 15, 2010 (the "Dividend) which is exempt from the reporting requirements of Section 16 pursuant to Rule 16a-9(a). As a result of the Reclassification and the Dividend (i) each Stock Appreciation Right ("SAR") outstanding on December 15, 2010 was automatically converted into two separate SARs, one with respect to a number of shares of Class B Common Stock equal to 0.1 times the number of existing Common Stock subject to such SAR, and one with respect to a number of shares of Class A Common Stock equal to 4.0 times the number of shares of Class B common Stock subject to such new SAR, and (ii) the applicable exercise price per share of each SAR shall be twice the exercise price for the existing Common Stock. Amendment of outstanding SARs is deemed cancellation of existing SARs and grant of replacement SARs. The SAR was originally granted on August 13, 2009 and provides for vesting commending on August 13, 2010. The SAR was originally granted on October 15, 2009 and provides for vesting in four equal annual installments commencing on October 15, 2010. Betty Weinert, attorney in fact for Gordon Fleming 2011-02-15 -----END PRIVACY-ENHANCED MESSAGE-----