-----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, VQmheFOa6IX8RMMWsY1YBS5joxOhBfR3AmlZFsiWVQxOdP+evdLD8HT1ue9uHjcC oZ7AsAGgmAhjmwOATS1/iA== 0001088033-04-000021.txt : 20040505 0001088033-04-000021.hdr.sgml : 20040505 20040505172952 ACCESSION NUMBER: 0001088033-04-000021 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040503 FILED AS OF DATE: 20040505 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: 04782638 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 X0202 4 2004-05-03 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) 2004-05-03 4 S 0 200000 D 2006-05-03 2006-05-03 Common Stock 200000 200000 D Mr. Doyle entered into a pre-paid variable delivery forward contract relating to 200,000 shares of the issuer's common stock ("Common Stock"). In exchange for a cash payment of $2,089,547, Mr. Doyle agreed to deliver a number of shares of Common Stock in May 2006 (subject to earlier termination) pursuant to the following formula: (i) if the price of Common Stock in May 2006 (the "Settlement Value") is less than or equal to $11.8455 (the "Floor"), 200,000 shares; (ii) if the Settlement Value is less than or equal to $14.2146 (the "Threshold"), but greater than the Floor, then a number of shares equal to 200,000 shares multiplied by the Floor divided by the Settlement Value; and (iii) if the 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 m ultiplied by the 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 2004-05-05 -----END PRIVACY-ENHANCED MESSAGE-----