Home/Filings/4/0000709283-20-000013
4//SEC Filing

MacPherson Regan J 4

Accession 0000709283-20-000013

CIK 0000709283other

Filed

Jul 1, 8:00 PM ET

Accepted

Jul 2, 4:25 PM ET

Size

7.5 KB

Accession

0000709283-20-000013

Insider Transaction Report

Form 4
Period: 2020-07-01
Transactions
  • Award

    Performance-Based Restricted Stock Units

    2020-07-0113,7500 total
    Exp: 2025-07-01Common Stock (13,750 underlying)
  • Award

    Common Stock

    2020-07-01+27,50062,500 total
Footnotes (2)
  • [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 July 1, 2021, July 1, 2022 and July 1, 2023.
  • [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 levels of the average closing prices of a share of QMCO common stock during any one hundred (100) calendar day period occurring between July 1, 2020 and July 1, 2025. Vesting is subject to continued employment with QMCO through the later of the achievement date or service vesting date, which occurs in two equal installments on January 1, 2022 and July 1, 2023.

Issuer

QUANTUM CORP /DE/

CIK 0000709283

Entity typeother

Related Parties

1
  • filerCIK 0001651155

Filing Metadata

Form type
4
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 4:25 PM ET
Size
7.5 KB