FORM 4 ¨    Check this box if no longer subject         to Section 16. Form 4
        or Form 5 obligations may
        continue. See Instruction 1(b). (Print or Type Responses) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden

1. Name and Address of Reporting Person* LANE                                    RAYMOND                     J.	2. Issuer Name and Ticker or Trading Symbol Quest Software, Inc.        QSFT		6. Relationship of Reporting Person(s) to Issuer     (Check all applicable)                                                     X    Director                       10% Owner              Officer (give                Other (specify                           title                          below)                           below)
(Last)                        (First)                              (Middle) c/o Quest Software, Inc., 8001 Irvine Center Drive	3. IRS or     Identification     Number of     Reporting     Person, if an     entity     (Voluntary)	4. Statement for     Month/Year                 August 14, 2002
(Street) Irvine, CA 92618		5. If Amendment,     Date of Original     (Month/Year)	7. Individual or Joint/Group Filing     (Check Applicable Line)      X  Form filed by One Reporting Person           Form filed by More than One Reporting Person

(City)                         (State)                 (Zip)

Table I—Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security     (Instr. 3)

2. Trans-     action     Date     (Month/     Day/     Year)

3. Trans-    action     Code     (Instr.     8)

4. Securities Acquired (A)     or Disposed of (D)     (Instr. 3, 4 and 5)

5. Amount of     Securities     Beneficially     Owned at     End of     Month     (Instr. 3 and 4)

6. Owner-     ship     Form:     Direct     (D) or     Indirect     (I)     (Instr. 4)

7.   Nature     of In-     direct     Bene-     ficial     Owner-     ship     (Instr. 4)

Code

V

Amount

(A) or (D)

Price

Common Stock

8/08/02

P

75,000

A

$8.671

I

(1)

Common Stock

8/09/02

P

10,000

A

$8.765

I

(1)

Common Stock

8/14/02

P

20,000

A

$8.975

105,000

I

(1)

337,113

D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If this form is filed by more than onereporting person, see Instruction 4(b)(v).	(Over)
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.	SEC 1474 (3-99)

1

FORM 4 (continued)                         Table II—Derivative Securities Acquired, Disposed of, or Beneficially Owned

(e.g., puts, calls, warrants, options, convertible securities)

1. Title of     Derivative     Security     (Instr. 3)

2. Conver-     sion or     Exercise     Price of     Deriv-     ative     Security

3. Trans-     action     Date     (Month/     Day/     Year)

4. Transac-     tion     Code     (Instr.     8)

5. Number of     Derivative     Securities     Acquired (A) or     Disposed of (D)     (Instr. 3, 4,     and 5)

6. Date Exer-     cisable and     Expiration     Date     (Month/         Day/     Year)

7. Title and Amount     of Underlying     Securities     (Instr. 3 and 4)

8. Price     of     Deriv-     ative     Secur-     ity     (Instr.     5)

9. Number     of     Deriv-     ative     Secur-     ities     Bene-     ficially     Owned     at End     of     Month     (Instr.     4)

10. Owner-       ship       Form       of De-       rivative       Secur-       ity:       Direct       (D) or       Indi-       rect (I)       (Instr.       4)

11. Na-       ture       of In-       direct       Bene-       ficial       Owner-       ship       (Instr.       4)

Code

V

(A)

(D)

Date Exer- cisable

Expira- tion Date

Title

Amount or Number of Shares

Explanation of Responses:
(1)      By Raymond J. Lane Trust (dtd. 11/2/95) **       Intentional misstatements or omissions of facts constitute Federal Criminal Violations.            See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note:  File three copies of this Form, one of which must be manually signed.             If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.	By:  /s/    J. Michael Vaughn Attorney-In-Fact For RAYMOND J. LANE	August 16, 2002           Date                                        Page 2 SEC 1474 (3-99)