(QMCO)

Role: SVP Chief Admin Ofcr & Secy
Signature: /s/ Josie Buensuceso, Attorney-in-Fact for Brian E. Cabrera
Issuer symbol: QMCO
Transactions as of: 01 Nov 2022
Net transactions value: $0
Form type: 4
Filing time: 02 Nov 2022, 16:45:13 UTC
Previous filing: 07 Oct 2022
Next filing: 03 Nov 2022
SEC: View on sec.gov

Quoteable Key Fact

"Brian E. Cabrera filed Form 4 for QUANTUM CORP /DE/ (QMCO) on 02 Nov 2022."

Quick Takeaways

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.
Filing timestamp: 02 Nov 2022, 16:45.

What Changed

Previous filing in this sequence was filed on 07 Oct 2022.
Current net transaction value: $0.

Why This Matters

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.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

QMCO transaction

Common Stock

Award

Transaction value: $0
Shares: +25,000
Change %: +10%
Price: $0.000000
Shares after: 275,824
Date: 01 Nov 2022
Ownership: Direct
Footnotes: F1

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

QMCO transaction Derivative

Performance-Based Restricted Stock Units

Award

Transaction value: $0
Shares: -8,325
Change %
Price: $0.000000
Shares after: $0
Date: 01 Nov 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,325
Exercise price
Footnotes: F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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 November 1, 2023, November 1, 2024 and November 1, 2025.
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 November 1, 2022 and November 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 November 1, 2025.

Content

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 November 1, 2023, November 1, 2024 and November 1, 2025.

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 November 1, 2022 and November 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 November 1, 2025.