B. RILEY FBR, INC. 4
4 · QUANTUM CORP /DE/ · Filed Apr 8, 2020
Insider Transaction Report
Form 4
BRC Group Holdings, Inc.
10% Owner
Transactions
- Purchase
Common Stock
2020-04-06$2.70/sh+100,000$270,380→ 8,130,501 total(indirect: See notes) - Purchase
Common Stock
2020-04-07$2.94/sh+40,179$118,307→ 8,210,864 total(indirect: See notes) - Purchase
Common Stock
2020-04-08$3.23/sh+6,139$19,825→ 8,217,003 total(indirect: See notes) - Purchase
Common Stock
2020-04-08$3.23/sh+6,136$19,815→ 8,223,139 total(indirect: See notes) - Purchase
Common Stock
2020-04-07$2.94/sh+40,184$118,257→ 8,170,685 total(indirect: See notes)
Footnotes (4)
- [F1]In addition to B. Riley Financial, Inc., a Delaware corporation ("BRF"), this Form 4 is being filed jointly by BRC Partners Opportunity Fund, L.P., a Delaware limited partnership ("BRPLP"), B. Riley Capital Management, LLC, a New York limited liability company ("BRCM"), BRC Partners Management GP, LLC, a Delaware limited liability company ("BRPGP"), and B. Riley FBR, Inc., a Delaware corporation ("BRFBR" and collectively, the "Filing Persons").
- [F2]BRPGP is a subsidiary of BRCM, a registered investment advisor, and is the general partner of BRPLP. BRF is the parent company of BRCM. As a result, BRPGP, BRCM and BRF may be deemed to indirectly beneficially own the securities held by BRPLP. BRF is the parent company of BRFBR. As a result, BRF may be deemed to indirectly beneficially own the securities held by BRFBR. Each of the Filing Persons disclaims beneficial ownership of the outstanding shares of Common Stock ("Common Stock") of Quantum Corporation, a Delaware corporation (the "Issuer"), reported herein except to the extent of its pecuniary interest therein.
- [F3]Represents shares of Common Stock owned directly by BRPLP.
- [F4]Represents shares of Common Stock owned directly by BRFBR.