UNITED
STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 3, 2016
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Quantum
Corporation
(Exact name of registrant as specified in its charter)
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Delaware
(State or other jurisdiction of incorporation)
| 1-13449 | 94-2665054 |
| (Commission File No.) | (IRS Employer Identification No.) |
224 Airport Parkway, San Jose, CA 95110
(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code: (408) 944-4000
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02. Departure of Directors or Principal Officers
Effective February 3, 2016, Philip Black resigned from his position as a director of Quantum Corporation (“Quantum”). Mr. Black had served as a member of the board of directors of Quantum (the “Board”) since August 7, 2013 and served on the Leadership and Compensation Committee of the Board.
As stated in his resignation letter, a copy of which is attached as Exhibit 17.1, Mr. Black resigned from the Board because he believes his views regarding business strategies are different from those of management and a majority of the Board, and believes that his views will not prevail.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
17.1 Letter from Mr. Black, dated February 3, 2016.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| QUANTUM CORPORATION | |
| /s/ SHAWN D. HALL | |
| Shawn D. Hall | |
| Senior Vice President, General Counsel and Secretary |
Dated: February 5, 2016
EXHIBIT INDEX
| Exhibit | Description | |
| 17.1 | Letter from Mr. Black, dated February 3, 2016. |
[address]
3rd February, 2016
Paul Auvil III, Chairman
Quantum Corp
224 Airport Parkway, suite
300
San Jose, CA 95110
Dear Paul,
Following our conversation and my subsequent discussion with the Board this afternoon, I would like to confirm my resignation from the Board of Quantum Corp effective today.
As I mentioned to you and the Board, I am resigning due to my belief in business strategies that are different from those of management and a majority of the Board members, and the practical reality that my own views will not prevail.
On a personal level, I have enjoyed working with you and the Quantum team, despite our differences on business issues.
I wish you and Quantum the very best of success going forward.
Sincerely,
/s/ Philip Black
Philip Black