0000709283-22-000027.txt : 20220706 0000709283-22-000027.hdr.sgml : 20220706 20220706180215 ACCESSION NUMBER: 0000709283-22-000027 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220701 FILED AS OF DATE: 20220706 DATE AS OF CHANGE: 20220706 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lerner James J CENTRAL INDEX KEY: 0001602567 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13449 FILM NUMBER: 221069986 MAIL ADDRESS: STREET 1: C/O SEAGATE TECHNOLOGY PLC STREET 2: 10200 S. DEANZA BLVD. CITY: CUPERTINO STATE: CA ZIP: 95014 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: QUANTUM CORP /DE/ CENTRAL INDEX KEY: 0000709283 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER STORAGE DEVICES [3572] IRS NUMBER: 942665054 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 224 AIRPORT PARKWAY STREET 2: SUITE 550 CITY: SAN JOSE STATE: CA ZIP: 95110 BUSINESS PHONE: 408 944 4000 MAIL ADDRESS: STREET 1: 224 AIRPORT PARKWAY STREET 2: SUITE 550 CITY: SAN JOSE STATE: CA ZIP: 95110 4 1 wf-form4_165714492133644.xml FORM 4 X0306 4 2022-07-01 0 0000709283 QUANTUM CORP /DE/ QMCO 0001602567 Lerner James J C/O QUANTUM CORPORATION 224 AIRPORT PARKWAY, SUITE 550 SAN JOSE CA 95110 1 1 0 0 President & CEO Common Stock 2022-07-01 4 A 0 350000 0 A 2025145 D Common Stock 2022-07-01 4 A 0 116550 0 D 2027-07-01 Common Stock 116550.0 0 D Grant of Restricted Stock Units ("RSUs"), each of which represents a contingent right to receive one share of common stock of QMCO. Vesting is subject to continued employment with QMCO through the service vesting date, which occurs in three equal annual installments on July 1, 2023, July 1, 2024 and July 1, 2025. Grant of Performance-Based Restricted Stock Units ("PSUs"), each of which represents a contingent right to receive one share of common stock of QMCO, with vesting subject to the achievement of specified level of the average closing price of a share of QMCO common stock during any one hundred (100) calendar day period occurring between July 1, 2022 and July 1, 2027. Vesting is subject to continued employment with QMCO through the later of the achievement date or service vesting date, which will occur 36 months from the grant date on July 1, 2025. /s/ Josie Buensuceso, Attorney-in-Fact for James J. Lerner 2022-07-06