4//SEC Filing
King Elizabeth 4
Accession 0001628280-20-003831
CIK 0000709283other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 4:38 PM ET
Size
7.4 KB
Accession
0001628280-20-003831
Insider Transaction Report
Form 4
King Elizabeth
CHIEF REVENUE OFFICER
Transactions
- Exercise/Conversion
Common Stock
2020-03-17+50,000→ 300,000 total - Exercise/Conversion
Performance-Based Restricted Stock Units
2020-03-17−50,000→ 0 totalExp: 2022-06-01→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]Performance-Based Restricted Stock Units were previously reported on October 2, 2019, which vest in three equal components upon the later of achievement of specified levels of the average closing prices of a share of QMCO common stock during any sixty (60) day trading period between April 1, 2019 and May 31, 2022, and upon specified service dates, whichever is later. The third achievement date occurred on March 17, 2020, as certified by the leadership and compensation committee of QMCO, resulting in 50,000 units meeting the appropriate performance-based conditions. However, these shares remain subject to time-based vesting conditions and will therefore vest on May 31, 2021, subject to continued employment. These shares are reflected on Table I, and no units remain subject to these performance-based and time-based vesting conditions.
Documents
Issuer
QUANTUM CORP /DE/
CIK 0000709283
Entity typeother
Related Parties
1- filerCIK 0001770712
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 4:38 PM ET
- Size
- 7.4 KB