John Hurley - 05 Sep 2023 Form 4 Insider Report for QUANTUM CORP /DE/ (QMCO)

Role
Chief Revenue Officer
Signature
/s/ Josie Buensuceso, attorney-in-fact for John Hurley
Issuer symbol
QMCO
Transactions as of
05 Sep 2023
Net transactions value
-$26,455
Form type
4
Filing time
06 Sep 2023, 16:24:32 UTC
Previous filing
12 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QMCO Common Stock Sale $26,455 -42,662 -11% $0.6201 341,519 05 Sep 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 granted on September 1, 2021.
F2 Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $0.62 to $0.6201, inclusive. The reporting person undertakes to provide upon request by the Securities and Exchange Commission, the issuer, or a securityholder of the issuer detailed information regarding the price and number of shares sold within the range indicated.