Filing Details
- Accession Number:
- 0001181431-10-026151
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-05-12 13:00:00
- Reporting Period:
- 2010-05-12
- Filing Date:
- 2010-05-12
- Accepted Time:
- 2010-05-12 17:35:00
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 709283 | Quantum Corp | QTM | Computer Storage Devices (3572) | 942665054 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1188975 | W Jon Gacek | C/O Quantum Corporation 1650 Technology Drive, Ste. 800 San Jose CA 95110 | Executive Vp, Coo, Cfo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2010-05-12 | 45,000 | $1.46 | 502,913 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-05-12 | 45,000 | $2.82 | 457,913 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-Qualified Stock Options | Disposition | 2010-05-12 | 45,000 | $0.00 | 45,000 | $1.46 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 94,024 | 2006-08-22 | 2010-08-22 | No | 4 | M | Direct |
Footnotes
- Reflects the exercise of the stock options listed in Table II of this Form 4.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 17, 2010.
- The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $2.78 to $2.86 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 sold at each separate price.
- These options were granted under the 1999 Stock Incentive Plan of Advanced Digital Information Corporation ("ADIC") and assumed by Quantum Corporation ("Quantum") on August 22, 2006, pursuant to the Agreement and Plan of Merger between ADIC and Quantum. The options were exchanged for options to purchase Quantum stock, at the exchange ratio of 5.9756 per share.
- The options are fully vested and immediately exercisable.
Billionaire Hedge Funds
