QUANTUM CORP /DE/ 4
4 · QUANTUM CORP /DE/ · Filed Sep 4, 2013
Insider Transaction Report
Form 4
GACEK JON W
Executive VP, COO, CFO
Transactions
- Award
Common Stock
2013-09-01+650,000→ 1,552,093 total - Award
Performance Rights
2013-09-01+1,000,000→ 1,000,000 totalFrom: 2014-07-01Exp: 2016-07-02→ Common Stock (1,000,000 underlying)
Footnotes (2)
- [F1]Restricted stock units will vest over three (3) years as follows: 33% will vest on each of July 1, 2014, July 1, 2015 and July 1, 2016.
- [F2]Each performance right represents a contingent right to receive one share of Quantum Corporation's common stock. The vesting of 200,000 performance rights is based on the achievement of certain operating goals and the vesting of 800,000 performance rights is based on the achievement of certain stock price targets.