X0206 3 2015-06-09 0 0001036188 QAD INC QADA, QADB 0001644597 Chilton Anton 100 INNOVATION PLACE SANTA BARBARA CA 93108 0 1 0 0 EVP, Global Services Class A Common Stock ($0.001 par value) 13614 D Class B Common Stock ($0.001 par value) 164 D Stock Appreciation Right (Right to Buy) 5.04 2010-02-05 2017-02-05 Class A Common Stock 4000 D Stock Appreciation Right (Right to Buy) 9.80 2010-10-15 2017-10-15 Class A Common Stock 2000 D Stock Appreciation Right (Right to Buy) 9.95 2012-06-07 2019-06-07 Class A Common Stock 3375 D Stock Appreciation Right (Right to Buy) 12.85 2013-06-12 2020-06-12 Class A Common Stock 7500 D Stock Appreciation Right (Right to Buy) 11.81 2014-06-11 2021-06-11 Class A Common Stock 7500 D Stock Appreciation Right (Right to Buy) 5.04 2010-02-05 2017-02-05 Class B Common Stock 1000 D Stock Appreciation Right (Right to Buy) 9.80 2010-10-15 2017-10-15 Class B Common Stock 500 D Original 16,000 SAR grant was made on February 5, 2009. All 16,000 SARs are fully vested. 12,000 SARs have been exercised leaving 4,000 unexercised SARs. Original 4,000 SAR grant was made on October 15, 2009. All 4,000 SARs are fully vested. 2,000 SARs have been exercised leaving 2,000 unexercised SARs. Original 4,500 SAR grant was made on June 7, 2011. All 4,500 SARs are fully vested. 1,125 SARs have been exercised leaving 3,375 unexercised SARs. Original 7,500 SAR grant was made on June 12, 2012. 3,750 SARs have vested. 1,875 SARs will vest on June 12, 2015 and 1,875 shares will vest on June 12, 2016. Original 7,500 SAR grant was made on June 11, 2013. 1,875 SARs have vested. 1,875 SARs will vest on each of June 11, 2015, June 11, 2016 and June 11, 2017. Original 4,000 SAR grant was made on February 5, 2009. All 4,000 SARs are fully vested. 3,000 SARs have been exercised leaving 1,000 unexercised SARs. Original 1,000 SAR grant was made on October 15, 2009. All 1,000 SARs are fully vested. 500 SARs have been exercised leaving 500 unexercised SARs. Betty Weinert, attorney in fact for Anton Chilton 2015-06-11