4//SEC Filing
QUANTUM CORP /DE/ 4
Accession 0001209191-17-024235
$QMCOCIK 0000709283operating
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 5:23 PM ET
Size
6.3 KB
Accession
0001209191-17-024235
Insider Transaction Report
Form 4
Powers Gregg J
Director
Transactions
- Award
Common Stock
2017-04-01+50,000→ 345,392 total(indirect: By LLC)
Holdings
- 586,500
Common Stock
Footnotes (3)
- [F1]Restricted Stock Units will fully vest on the date of Quantum Corporation's 2017 Annual Stockholder Meeting. For the avoidance of doubt, if Mr. Powers resigns for any reason or is removed from Quantum Corporation's board of directors prior to the vesting in full of this grant, Mr. Powers shall forfeit the entirety of this grant.
- [F2]The Restricted Stock Units were granted to Pelican Bay Holdings, LLC. Mr. Powers is the sole member of Pelican Bay Holdings, LLC.
- [F3]In addition, Mr. Powers, the CEO and Portfolio Manager of Private Capital Management, LLC ("PCM"), holds shared voting and dispositive power with respect to 13,311,187 shares held in PCM managed accounts. Mr. Powers disclaims beneficial ownership for these shares, and PCM and Mr. Powers disclaim the existence of a group with respect to any third party.
Documents
Issuer
QUANTUM CORP /DE/
CIK 0000709283
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000709283
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 5:23 PM ET
- Size
- 6.3 KB