Nash Laura A. 4
4 · QUANTUM CORP /DE/ · Filed Jul 5, 2023
Insider Transaction Report
Form 4
Nash Laura A.
Chief Accounting Officer
Transactions
- Award
Common Stock
2023-07-01+50,000→ 71,792 total - Award
Performance-Based Restricted Stock Units
2023-07-01+50,000→ 50,000 totalExp: 2028-07-01→ Common Stock (50,000 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 July 1, 2024, July 1, 2025 and July 1, 2026.
- [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, 2023 and July 1, 2028. 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, 2026.