Martella Donald E. Jr. 4
4 · QUANTUM CORP /DE/ · Filed Sep 10, 2019
Insider Transaction Report
Form 4
Martella Donald E. Jr.
SVP, Engineering
Transactions
- Award
Performance-Based Restricted Stock Units
2019-09-06+64,000→ 64,000 totalExp: 2029-09-06→ Common Stock (64,000 underlying)
Footnotes (1)
- [F1]Grant of Performance-Based Restricted Stock Units, 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 hundred (100) day trading period. Vesting is subject to continued employment with the Company through the later of the achievement date or service vesting date, which occurs in three equal annual installments on September 5, 2020, September 5, 2021 and September 5, 2022.