-----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, Gv8pP1OUBuHytgA9aCBEL9U+dpbzmrmSiJHYldO0DDljTD2pdvTVNXT8TvDr9XvZ yo7l8v41jMMUERK8hPZbdA== 0001088033-04-000015.txt : 20040405 0001088033-04-000015.hdr.sgml : 20040405 20040405180248 ACCESSION NUMBER: 0001088033-04-000015 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040401 FILED AS OF DATE: 20040405 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: QUEST SOFTWARE INC CENTRAL INDEX KEY: 0001088033 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 330231678 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 8001 IRVINE CENTER DRIVE CITY: IRVINE STATE: CA ZIP: 92618 BUSINESS PHONE: 9497548000 MAIL ADDRESS: STREET 1: 8001 IRVINE CENTER DRIVE CITY: IRVINE STATE: CA ZIP: 92618 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DOYLE DAVID M CENTRAL INDEX KEY: 0001106661 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26937 FILM NUMBER: 04718736 BUSINESS ADDRESS: STREET 1: 8001 IRVINE CENTER DRIVE CITY: IRVINE STATE: CA ZIP: 92618 BUSINESS PHONE: 9497548000 MAIL ADDRESS: STREET 1: 8001 IRVINE CENTER DRIVE CITY: IRVINE STATE: CA ZIP: 92618 4 1 edgar.xml PRIMARY DOCUMENT X0201 4 2004-04-01 0001088033 QUEST SOFTWARE INC QSFT 0001106661 DOYLE DAVID M C/O QUEST SOFTWARE, INC. 8001 IRVINE CENTER DRIVE IRVINE CA 92618 1 0 0 0 Futures Contract (obligation to sell) 2004-04-01 4 S 0 250000 D 2006-04-03 2006-04-03 Common Stock 250000 250000 D Mr. Doyle entered into a pre-paid variable delivery forward contract relating to 250,000 shares of the issuer's common stock ("Common Stock"). In exchange for a cash payment of $3,574,592, Mr. Doyle agreed to deliver a number of shares of Common Stock in April 2006 (subject to earlier termination) pursuant to the following formula: (i) if the price of Common Stock in April 2006 (the "April Settlement Value") is less than or equal to $16.2113 (the "Floor"), 250,000 shares; (ii) if the April Settlement Value is less than or equal to $19.4536 (the "Threshold"), but greater than the Floor, then a number of shares equal to 250,000 shares multiplied by the Floor divided by the April Settlement Value; and (iii) if the April Settlement Value is greater than the Threshold, then such number of shares as determined by a formula set forth in the contract. Alternatively, Mr. Doyle may settle this contract for an amount of cash equal to the number of shares required to be delivered multiplied by the April Settlement Value. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on March 5, 2004. J. Michael Vaughn, Attorney-in-Fact for David M. Doyle 2004-04-05 -----END PRIVACY-ENHANCED MESSAGE-----