4//SEC Filing
Lerner James J 4
Accession 0000709283-21-000064
CIK 0000709283other
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 4:48 PM ET
Size
7.6 KB
Accession
0000709283-21-000064
Insider Transaction Report
Form 4
Lerner James J
DirectorPresident & CEO
Transactions
- Award
Common Stock
2021-10-01+200,000→ 1,707,326 total - Award
Performance-Based Restricted Stock Units
2021-10-01−200,000→ 200,000 totalExp: 2026-10-01→ Common Stock (200,000 underlying)
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 October 1, 2022, October 1, 2023 and October 1, 2024.
- [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 October 1, 2021 and October 1, 2026. Vesting is subject to continued employment with QMCO through the later of the achievement date or service vesting date, which occurs in three installments on October 1, 2022, October 1, 2023 and October 1, 2024.
Documents
Issuer
QUANTUM CORP /DE/
CIK 0000709283
Entity typeother
Related Parties
1- filerCIK 0001602567
Filing Metadata
- Form type
- 4
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 4:48 PM ET
- Size
- 7.6 KB