4//SEC Filing
Press Clifford 4
Accession 0000899243-19-023171
CIK 0000709283other
Filed
Sep 8, 8:00 PM ET
Accepted
Sep 9, 6:22 PM ET
Size
7.0 KB
Accession
0000899243-19-023171
Insider Transaction Report
Form 4
Press Clifford
Director
Transactions
- Award
Common Stock
2019-09-05+20,833→ 118,940 total - Award
Common Stock
2019-09-05+50,000→ 98,107 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 Quantum. The RSUs were fully vested upon the grant date September 5, 2020. Quantum's Board of Directors determined to suspend cash and equity compensation for all non-employee directors as of August 1, 2018 as a result of Quantum not being current with its SEC filings at that time, the financing needs of Quantum at that time and other factors. These RSUs were approved as fully vested in recognition of the Reporting Person's past services as a director.
- [F2]Grant of RSUs, each of which represents a contingent right to receive one share of common stock of Quantum. The RSUs vest upon the earlier of the Quantum's 2020 Annual Meeting or September 5, 2020. These RSUs were approved in connection with the reinstatement of Quantum's normal equity compensation program for non-employee directors.
Documents
Issuer
QUANTUM CORP /DE/
CIK 0000709283
Entity typeother
Related Parties
1- filerCIK 0001345478
Filing Metadata
- Form type
- 4
- Filed
- Sep 8, 8:00 PM ET
- Accepted
- Sep 9, 6:22 PM ET
- Size
- 7.0 KB