4//SEC Filing
Lerner James J 4
Accession 0000709283-22-000027
CIK 0000709283other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 6:02 PM ET
Size
7.5 KB
Accession
0000709283-22-000027
Insider Transaction Report
Form 4
Lerner James J
DirectorPresident & CEO
Transactions
- Award
Common Stock
2022-07-01+350,000→ 2,025,145 total - Award
Common Stock
2022-07-01−116,550→ 0 totalExp: 2027-07-01→ Common Stock (116,550 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 July 1, 2023, July 1, 2024 and July 1, 2025.
- [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 level of the average closing price of a share of QMCO common stock during any one hundred (100) calendar day period occurring between July 1, 2022 and July 1, 2027. Vesting is subject to continued employment with QMCO through the later of the achievement date or service vesting date, which will occur 36 months from the grant date on July 1, 2025.
Documents
Issuer
QUANTUM CORP /DE/
CIK 0000709283
Entity typeother
Related Parties
1- filerCIK 0001602567
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 6:02 PM ET
- Size
- 7.5 KB