4//SEC Filing
Gianella Kenneth P. 4
Accession 0000709283-23-000031
CIK 0000709283other
Filed
Sep 4, 8:00 PM ET
Accepted
Sep 5, 4:03 PM ET
Size
7.5 KB
Accession
0000709283-23-000031
Insider Transaction Report
Form 4
Gianella Kenneth P.
Chief Financial Officer
Transactions
- Award
Common Stock
2023-09-01+50,000→ 225,000 total - Award
Performance-Based Restricted Stock Units
2023-09-01+25,000→ 0 totalExp: 2028-09-01→ Common Stock (25,000 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 September 1, 2024, September 1, 2025 and September 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 September 1, 2023 and September 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 September 1, 2026.
Documents
Issuer
QUANTUM CORP /DE/
CIK 0000709283
Entity typeother
Related Parties
1- filerCIK 0001677143
Filing Metadata
- Form type
- 4
- Filed
- Sep 4, 8:00 PM ET
- Accepted
- Sep 5, 4:03 PM ET
- Size
- 7.5 KB