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Filing Details

Accession Number:: 0001213900-19-025436
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-12-05 17:17:10
Reporting Period:: 2019-12-03

Accepted Time:: 2019-12-05 17:17:10
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
709283	Quantum Corp	QMCO	Computer Storage Devices (3572)	942665054

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1464790	B. Riley Financial, Inc.	21255 Burbank Boulevard, Suite 400 Woodland Hills, CA 91367	No	No	Yes	No
1505748	B. Riley Fbr, Inc.	11100 Santa Monica Blvd., Suite 800 Los Angeles, CA 90025	No	No	Yes	No
1642765	Brc Partners Opportunity Fund, Lp	11100 Santa Monica Blvd., Suite 800 Los Angeles, CA 90025	No	No	Yes	No
1658704	B. Riley Capital Management, Llc	11100 Santa Monica Blvd., Suite 800 Los Angeles, CA 90025	No	No	Yes	No
1749420	Brc Partners Management Gp, Llc	11100 Santa Monica Blvd., Suite 800 Los Angeles, CA 90025	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2019-12-03	969,900	$0.00	969,900	No	5	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	5	P	Direct

Footnotes

In addition to B. Riley Financial, Inc., a Delaware corporation ("BRF"), this Form 4 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") and B. Riley FBR, Inc., a Delaware corporation ("BRFBR" and collectively, the "Filing Persons").
BRPGP is a subsidiary of BRCM, a registered investment advisor, and is the general partner of BRPLP. BRF is the parent company of BRCM. As a result, BRPGP, BRCM and BRF may be deemed to indirectly beneficially own the securities held by BRPLP. BRF is the parent company of BRFBR. As a result, BRF may be deemed to indirectly beneficially own the securities held by BRFBR. 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.
This Form 4 is being filed voluntarily to reflect a mere change in form of beneficial ownership by BRF, which is exempt from Section 16 of the Exchange Act of 1934 pursuant to Rule 16a-13. On December 3, 2019, BRF purchased 969,900 shares of Common Stock from Dialectic Antithesis Partners, LP ("Dialectic") at a purchase price of $5.25 per share. BRF previously reported that it may have been deemed to indirectly beneficially own the 969,900 shares of Common Stock that were previously held by Dialectic. Following the purchase, the form of BRF's beneficial ownership changed from indirect to direct.