QUANTUM CORP /DE/ 4
4 · QUANTUM CORP /DE/ · Filed Dec 4, 2014
Insider Transaction Report
Form 4
Powers Gregg J
Director
Transactions
- Purchase
Common Stock
2014-12-03$1.64/sh+50,000$81,795→ 536,500 total
Footnotes (2)
- [F1]The purchase price reported in column 4 of Table I represents the weighted average purchase price of the shares purchased ranging from $1.63 to $1.65 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares purchased at each separate price.
- [F2]As CEO and Portfolio Manager of Private Capital Management, L.P., a Delaware limited partnership ("PCM"), Mr. Powers has sole voting and dispositive power with respect to 2,908,347 shares owned by commingled funds or mutual funds over which Mr. Powers serves as Portfolio Manager. In addition, Mr. Powers exercises shared voting and dispositive power with respect to 7,941,698 shares held by those PCM clients that have delegated proxy authority to PCM. Such delegation may be granted or revoked at any time at the client's discretion. PCM disclaims beneficial ownership of shares over which it has dispositive power and disclaims the existence of a group.