4//SEC Filing
King Elizabeth 4
Accession 0000899243-19-027354
CIK 0000709283other
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 4:05 PM ET
Size
10.7 KB
Accession
0000899243-19-027354
Insider Transaction Report
Form 4
King Elizabeth
CHIEF REVENUE OFFICER
Transactions
- Exercise/Conversion
Common Stock
2019-11-13+50,000→ 250,000 total - Exercise/Conversion
Performance-Based Restricted Stock Units
2019-11-13−50,000→ 50,000 totalExp: 2029-11-13→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]Performance-Based Restricted Stock Units were previously reported on October 2, 2019, which vest in three equal components upon the later of achievement of specified levels of the average closing prices of a share of QMCO common stock during any sixty (60) day trading period between June 1, 2018 and May 31, 2022, and upon specified service dates, whichever is later. The second achievement date occurred on November 13, 2019, as certified by the leadership and compensation committee of QMCO, resulting in 50,000 units meeting the appropriate performance-based conditions. However, these shares remain subject to time-based vesting conditions and will therefore vest on May 31, 2020, subject to continued employment. These shares are reflected on Table I, and 50,000 units remaining subject to performance-based and time-based vesting conditions.
Issuer
QUANTUM CORP /DE/
CIK 0000709283
Entity typeother
Related Parties
1- filerCIK 0001770712
Filing Metadata
- Form type
- 4
- Filed
- Nov 14, 7:00 PM ET
- Accepted
- Nov 15, 4:05 PM ET
- Size
- 10.7 KB