(QMCO)

Role: 10%+ Owner
Signature: /s/ Alyssa Creighton, Senior Vice President, Pacific Investment Management Company LLC
Issuer symbol: QMCO
Transactions as of: 03 Jan 2025
Net transactions value: -$699
Form type: 4
Filing time: 07 Jan 2025, 18:14:09 UTC
Previous filing: 15 Aug 2024
Next filing: 17 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QMCO	Common Stock	Exercise of in-the-money or at-the-money derivative security	$6,187,201	+114,155	+22%	$54.20	626,572	03 Jan 2025	See Footnote	F1, F2
transaction	QMCO	Common Stock	Sale	$6,187,559	-100,578	-16%	$61.52	525,994	03 Jan 2025	See Footnote	F1, F2
transaction	QMCO	Common Stock	Exercise of in-the-money or at-the-money derivative security	$5,719,220	+219,970	+42%	$26.00	745,964	03 Jan 2025	See Footnote	F1, F2
transaction	QMCO	Common Stock	Sale	$5,719,514	-92,970	-12%	$61.52	652,994	03 Jan 2025	See Footnote	F1, F2
transaction	QMCO	Common Stock	Exercise of in-the-money or at-the-money derivative security	$393,297	+63,435	+9.7%	$6.20	716,429	03 Jan 2025	See Footnote	F1, F2
transaction	QMCO	Common Stock	Sale	$393,297	-6,393	-0.89%	$61.52	710,036	03 Jan 2025	See Footnote	F1, F2
transaction	QMCO	Common Stock	Exercise of in-the-money or at-the-money derivative security	$232,723	+37,536	+5.3%	$6.20	747,572	03 Jan 2025	See Footnote	F1, F2
transaction	QMCO	Common Stock	Sale	$232,730	-3,783	-0.51%	$61.52	743,789	03 Jan 2025	See Footnote	F1, F2
transaction	QMCO	Common Stock	Exercise of in-the-money or at-the-money derivative security	$116,250	+18,750	+2.5%	$6.20	762,539	03 Jan 2025	See Footnote	F1, F2
transaction	QMCO	Common Stock	Sale	$116,211	-1,889	-0.25%	$61.52	760,650	03 Jan 2025	See Footnote	F1, F2
transaction	QMCO	Common Stock	Exercise of in-the-money or at-the-money derivative security	$1,389,166	+224,059	+29%	$6.20	984,709	03 Jan 2025	See Footnote	F1, F2
transaction	QMCO	Common Stock	Sale	$1,389,245	-22,582	-2.3%	$61.52	962,127	03 Jan 2025	See Footnote	F1, F2

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

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	QMCO	Warrants (right to buy)	Exercise of in-the-money or at-the-money derivative security	$0	-114,155	-100%	$0.000000	03 Jan 2025	Common Stock	114,155	$61.52	See Footnote	F1, F2
transaction	QMCO	Warrants (right to buy)	Exercise of in-the-money or at-the-money derivative security	$0	-219,970	-100%	$0.000000	03 Jan 2025	Common Stock	219,970	$61.52	See Footnote	F1, F2
transaction	QMCO	Warrants (right to buy)	Exercise of in-the-money or at-the-money derivative security	$0	-63,435	-100%	$0.000000	03 Jan 2025	Common Stock	63,435	$61.52	See Footnote	F1, F2
transaction	QMCO	Warrants (right to buy)	Exercise of in-the-money or at-the-money derivative security	$0	-37,536	-100%	$0.000000	03 Jan 2025	Common Stock	37,536	$61.52	See Footnote	F1, F2
transaction	QMCO	Warrants (right to buy)	Exercise of in-the-money or at-the-money derivative security	$0	-18,750	-100%	$0.000000	03 Jan 2025	Common Stock	18,750	$61.52	See Footnote	F1, F2
transaction	QMCO	Warrants (right to buy)	Exercise of in-the-money or at-the-money derivative security	$0	-224,059	-100%	$0.000000	03 Jan 2025	Common Stock	224,059	$61.52	See Footnote	F1, F2

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

Explanation of Responses:

Id	Content
F1	On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares.
F2	(Continued from footnote 1) 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 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein.

Content

On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares.

(Continued from footnote 1) 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 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein.