BARRETT BARBARA 4
4 · QUANTUM CORP /DE/ · Filed Jul 6, 2009
Insider Transaction Report
Form 4
BARRETT BARBARA
Senior VP, Human Resources
Transactions
- Exercise/Conversion
Common Stock
2009-07-01+11,667→ 153,006 total - Tax Payment
Common Stock
2009-07-01$0.98/sh−12,456$12,207→ 140,550 total - Exercise/Conversion
Restricted Stock Units
2009-07-01−11,667→ 11,666 totalFrom: 2009-07-01Exp: 2009-07-01→ Common Stock (11,667 underlying) - Award
Non Qualified Stock Options
2009-07-01+200,000→ 200,000 totalExercise: $0.98From: 2010-07-01Exp: 2016-07-01→ Common Stock (200,000 underlying)
Footnotes (4)
- [F1]Reflects the partial vesting of Restricted Stock Units (RSUs) granted on 6/30/2007. The vested RSUs converted to shares of Common Stock on a 1-for-1 basis.
- [F2]Surrender of shares to satisfy tax withholding obligations upon vesting of restricted stock granted on 6/28/2005, upon vesting of RSUs granted on 6/30/2007, and upon vesting of RSUs granted on 7/1/2008.
- [F3]Right to buy granted under Rule 16b-3 Plan.
- [F4]Stock Options will vest over three (3) years as follows: 25% will vest on 7/1/2010, 50% on 7/1/2011 and the remaining 25% on 7/1/2012.