Brian E. Cabrera - 01 Jul 2022 Form 4 Insider Report for QUANTUM CORP /DE/ (QMCO)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
06 Jul 2022, 18:01:59 UTC
Prior SEC filing
09 May 2022
Next SEC filing
07 Oct 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Josie Buensuceso, Attorney-in-Fact for Brian E. Cabrera

Key filing fact

Brian E. Cabrera filed Form 4 for QUANTUM CORP /DE/ (QMCO) on 06 Jul 2022.

Key facts

  • This page summarizes Brian E. Cabrera's Form 4 filing for QUANTUM CORP /DE/ (QMCO).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 06 Jul 2022, 18:01.

Change

  • Previous filing in this sequence was filed on 09 May 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

QMCO transaction

Common Stock

Award

Transaction value
$0
Shares
+87,500
Change %
+53%
Price
$0.000000
Shares after
251,548
Date
01 Jul 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

QMCO transaction Derivative

Performance-Based Restricted Stock Units

Award

Transaction value
$0
Shares
-29,137
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 Jul 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
29,137
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Grant of Restricted Stock Units ("RSUs"), each of which represents a contingent right to receive one share of common stock of QMCO. Vesting is subject to continued employment with QMCO through the service vesting date, which occurs in three equal annual installments on July 1, 2023, July 1, 2024 and July 1, 2025.

Footnote F2

Grant of Performance-Based Restricted Stock Units ("PSUs"), each of which represents a contingent right to receive one share of common stock of QMCO, with vesting subject to the achievement of specified level of the average closing price of a share of QMCO common stock during any one hundred (100) calendar day period occurring between July 1, 2022 and July 1, 2027. Vesting is subject to continued employment with QMCO through the later of the achievement date or service vesting date, which will occur 36 months from the grant date on July 1, 2025.

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