James J. Lerner - 10 Jul 2023 Form 4 Insider Report for QUANTUM CORP /DE/ (QMCO)

Signature
/s/ Josie Buensuceso, Attorney-in-Fact for James L. Lerner
Issuer symbol
QMCO
Transactions as of
10 Jul 2023
Net transactions value
-$169,698
Form type
4
Filing time
12 Jul 2023, 16:28:42 UTC
Previous filing
12 Oct 2022
Next filing
12 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QMCO Common Stock Sale $169,698 -158,893 -8.4% $1.07 1,740,953 10 Jul 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares automatically sold, on a non-discretionary basis, to cover tax withholding obligations in connection with the vesting of restricted stock units and performance-based stock units granted on July 1, 2020, and restricted stock units on July 1, 2022.
F2 Includes 5,035 shares acquired under Quantum Corporation's Employee Stock Purchase Plan on February 3, 2023.