MacPherson Regan J 4
4 · QUANTUM CORP /DE/ · Filed Feb 4, 2020
Insider Transaction Report
Form 4
MacPherson Regan J
See Remarks
Transactions
- Award
Performance-Based Restricted Stock Units
2020-02-03+60,000→ 60,000 totalExp: 2029-02-03→ Common Stock (60,000 underlying) - Award
Common Stock
2020-02-03+15,000→ 15,000 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 QMCO. The RSUs vest in three equal annual installments on November 1, 2020, November 1, 2021 and November 1, 2022, subject to continued employment.
- [F2]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 one 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 November 1, 2020, November 1, 2021 and November 1, 2022.