4//SEC Filing
BR Dialectic Capital Management, LLC 4
Accession 0001615774-19-000204
CIK 0000709283other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 8:03 PM ET
Size
20.3 KB
Accession
0001615774-19-000204
Insider Transaction Report
Form 4
B. Riley Financial, Inc.
10% Owner
Transactions
- Purchase
Common Stock
2018-12-31$1.87/sh+32,078$59,986→ 1,694,774 total(indirect: See notes) - Purchase
Common Stock
2019-01-03$1.85/sh+350$648→ 1,695,124 total(indirect: See notes)
B. RILEY CAPITAL MANAGEMENT, LLC
10% Owner
Transactions
- Purchase
Common Stock
2018-12-31$1.87/sh+32,078$59,986→ 1,694,774 total(indirect: See notes) - Purchase
Common Stock
2019-01-03$1.85/sh+350$648→ 1,695,124 total(indirect: See notes)
DIALECTIC ANTITHESIS PARTNERS, LP
10% Owner
Transactions
- Purchase
Common Stock
2018-12-31$1.87/sh+32,078$59,986→ 1,694,774 total(indirect: See notes) - Purchase
Common Stock
2019-01-03$1.85/sh+350$648→ 1,695,124 total(indirect: See notes)
BR Dialectic Capital Management, LLC
10% Owner
Transactions
- Purchase
Common Stock
2018-12-31$1.87/sh+32,078$59,986→ 1,694,774 total(indirect: See notes) - Purchase
Common Stock
2019-01-03$1.85/sh+350$648→ 1,695,124 total(indirect: See notes)
BRC Partners Opportunity Fund, LP
10% Owner
Transactions
- Purchase
Common Stock
2019-01-03$1.85/sh+350$648→ 1,695,124 total(indirect: See notes) - Purchase
Common Stock
2018-12-31$1.87/sh+32,078$59,986→ 1,694,774 total(indirect: See notes)
BRC Partners Management GP, LLC
10% Owner
Transactions
- Purchase
Common Stock
2018-12-31$1.87/sh+32,078$59,986→ 1,694,774 total(indirect: See notes) - Purchase
Common Stock
2019-01-03$1.85/sh+350$648→ 1,695,124 total(indirect: See notes)
B. Riley FBR, Inc.
10% Owner
Transactions
- Purchase
Common Stock
2018-12-31$1.87/sh+32,078$59,986→ 1,694,774 total(indirect: See notes) - Purchase
Common Stock
2019-01-03$1.85/sh+350$648→ 1,695,124 total(indirect: See notes)
Footnotes (4)
- [F1]In addition to B. Riley Financial, Inc., a Delaware corporation ("BRF"), this Form 3 is being filed jointly by BRC Partners Opportunity Fund, L.P., a Delaware limited partnership ("BRPLP"), B. Riley Capital Management, LLC, a New York limited liability company ("BRCM"), BRC Partners Management GP, LLC, a Delaware limited liability company ("BRPGP"), B. Riley FBR, Inc., a Delaware corporation ("BRFBR"), Dialectic Antithesis Partners, LP, a Delaware limited partnership ("Dialectic") and BR Dialectic Capital Management, LLC, a Delaware limited liability company (collectively, the "Filing Persons").
- [F2]BRPGP is the general partner of BRPLP, BRCM is an investment advisor to BRPLP and BRF is the parent company of BRCM. As a result, BRPGP, BRCM and BRF may be deemed to indirectly beneficially own the Shares held by BRPLP. BRF is the parent company of BRFBR. As a result, BRF may be deemed to indirectly beneficially own the Shares held by BRFBR. BR Dialectic is the general partner and investment manager of Dialectic. BRCM is the parent company of BR Dialectic and BRF is the parent company of BRCM. As a result, BR Dialectic, BRCM and BRF may be deemed to indirectly beneficially own the Shares held by Dialectic. Each of the Filing Persons disclaims beneficial ownership of the outstanding shares of Common Stock ("Common Stock"), of Quantum Corporation, a Delaware corporation (the "Issuer"), reported herein except to the extent of its pecuniary interest therein.
- [F3]Represents shares of Common Stock owned directly by BRFBR.
- [F4]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.83 to $1.88, inclusive. The Filing Persons reporting person undertakes to provide to the Commission, upon request, full information regarding the number of shares sold at each separate price.
Documents
Issuer
QUANTUM CORP /DE/
CIK 0000709283
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001704985
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 8:03 PM ET
- Size
- 20.3 KB