Raghavendra Rau - 22 Apr 2022 Form 4 Insider Report for QUANTUM CORP /DE/ (QMCO)

Role
Director
Signature
/s/ Josie Buensuceso, as Attorney-In-Fact for Raghavendra Rau
Issuer symbol
QMCO
Transactions as of
22 Apr 2022
Net transactions value
+$100,001
Form type
4
Filing time
26 Apr 2022, 19:58:11 UTC
Previous filing
05 Oct 2021
Next filing
03 May 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 $100,001 +44,445 +21% $2.25 257,874 22 Apr 2022 Direct F1

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 -44,445 -100% $0.000000* 0 22 Apr 2022 Common Stock 44,445 $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.