QUANTUM CORP /DE/ 4
4 · QUANTUM CORP /DE/ · Filed Sep 2, 2015
Insider Transaction Report
Form 4
Powers Gregg J
Director
Transactions
- Award
Common Stock
2015-09-01+90,090→ 265,392 total(indirect: By LLC)
Holdings
- 536,500
Common Stock
Footnotes (3)
- [F1]Restricted Stock Units will vest over one (1) year as follows: 25% will vest on each of 12/1/15, 3/1/16, 6/1/16 and the date of Quantum Corporation's 2016 Annual Shareholder Meeting.
- [F2]The Restricted Stock Units were granted to Pelican Bay Holdings, LLC. Mr. Powers is the sole member of Pelican Bay Holdings, LLC.
- [F3]Mr. Powers also has sole voting and dispositive power with respect to 3,861,350 shares owned by commingled funds or mutual funds over which Mr. Powers serves as Portfolio Manager. As CEO and Portfolio Manager of Private Capital Management, LLC ("PCM"), Mr. Powers exercises shared voting and dispositive power with respect to 12,809,652 shares, including 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 client owned shares over which it has dispositive power and disclaims the existence of a group.