May also be exclaimed "Executive!" - as in "look, I found executive parking".
Most likely used when in the car with friends and said in a sing-song voice ("e-XECU-tive"). Often said together as a group as you see the sweet parking spot (many times preceded by a conversation about if you're going to get executive parking)
Passanger 1: "I wonder if we're going to find executive parking, I hate walking 2 blocks back to the apartment"
Driver: "For sure, let me see if the spot is open up front"
Passanger 1, Driver, any other passangers: "ExECUtive!"
Passanger 1: "Bad ass dude, you got executive parking!"
Similar to a double park, a quad park is when a car exploits four parking spaces. This is a defensive measure taken by pompous snobs to ensures the safety of ones expensive vehicle . A traditional quad-park is parallel to the designated lines, but an equally effective method is in a "I dont give a fuck" diagonal formation (see hexa-park).
Today I saw this pretentious prick pull into the Best Buy parking lot and totally quad-parked his PT Cruiser. Who does he think he is taking up four spots?
The Tanger outlets parking was practically deserted on white wednesday, so for fun we quad-parked my mom's audi.