J. MICHAEL DODSON - 22 Apr 2022 Form 4 Insider Report for QUANTUM CORP /DE/ (QMCO)

Role
Senior Vice President, CFO
Signature
/s/ Josie Buensuceso, Attorney-in-Fact for J. Michael Dodson
Issuer symbol
QMCO
Transactions as of
22 Apr 2022
Net transactions value
+$22,500
Form type
4
Filing time
26 Apr 2022, 19:57:16 UTC
Previous filing
10 Jan 2022
Next filing
06 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QMCO Common Stock Exercise of in-the-money or at-the-money derivative security $22,500 +10,000 +1.2% $2.25 824,356 22 Apr 2022 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QMCO Subscription Rights (Rights to buy) Exercise of in-the-money or at-the-money derivative security $0 -10,000 -100% $0.000000* 0 22 Apr 2022 Common Stock 10,000 $2.25 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercise of irrevocable subscription rights to acquire shares of common stock at the closing of the Issuer's rights offering on April 22, 2022.
F2 Includes 3,906 shares acquired under Quantum Corporation's Employee Stock Purchase Plan on February 4, 2022.