<SEC-DOCUMENT>0001144204-15-010224-index.html : 20150218
<SEC-HEADER>0001144204-15-010224.hdr.sgml : 20150216
<ACCEPTANCE-DATETIME>20150217163248
ACCESSION NUMBER:		0001144204-15-010224
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20150217
DATE AS OF CHANGE:		20150217

SUBJECT COMPANY:	

	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:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-57385
		FILM NUMBER:		15623262

	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

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Nantahala Capital Management, LLC
		CENTRAL INDEX KEY:			0001472322
		IRS NUMBER:				201151760
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		19 OLD KINGS HIGHWAY SOUTH
		STREET 2:		SUITE 200
		CITY:			DARIEN
		STATE:			CT
		ZIP:			06820
		BUSINESS PHONE:		203-404-1172

	MAIL ADDRESS:	
		STREET 1:		19 OLD KINGS HIGHWAY SOUTH
		STREET 2:		SUITE 200
		CITY:			DARIEN
		STATE:			CT
		ZIP:			06820
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>v401927_sc13ga.htm
<DESCRIPTION>SCHEDULE 13G/A
<TEXT>
Document 1 - file: v401927_sc13ga.htm

</DOCUMENT>
</SEC-DOCUMENT>