Pacific Investment Management Co Llc - Jul 11, 2024 Form 4 Insider Report for QUANTUM CORP /DE/ (QMCO)

Role
10%+ Owner
Signature
/s/ Alyssa Creighton, Senior Vice President, Pacific Investment Management Company LLC
Stock symbol
QMCO
Transactions as of
Jul 11, 2024
Transactions value $
$0
Form type
4
Date filed
7/15/2024, 08:57 PM
Previous filing
May 29, 2024
Next filing
Jul 31, 2024

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 Warrants (right to buy) Award $0 +375K $0.00 375K Jul 11, 2024 Common Stock 375K $0.41 See Footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities were issued in connection with the Term Loan Amendment described in the Form 8-K filed by Quantum Corporation (CIK: 0000709283) on July 12, 2024. For more information on the warrants, please refer to the previously referenced Form 8-K. The securities are held by certain funds and accounts for which the Reporting Person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 2,980,860 shares of common stock par value $0.01 per share (the "Common Stock") and warrants to purchase 6,682,488 shares of Common Stock and (ii) OC III LVS XL LP, which holds 7,267,462 shares of Common Stock and warrants to purchase 2,394,403 shares of common stock. The Reporting Person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein.