0001628280-20-003831.txt : 20200319 0001628280-20-003831.hdr.sgml : 20200319 20200319163817 ACCESSION NUMBER: 0001628280-20-003831 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200317 FILED AS OF DATE: 20200319 DATE AS OF CHANGE: 20200319 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: King Elizabeth CENTRAL INDEX KEY: 0001770712 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13449 FILM NUMBER: 20728998 MAIL ADDRESS: STREET 1: C/O QUANTUM CORPORATION STREET 2: 224 AIRPORT PARKWAY, SUITE 550 CITY: SAN JOSE STATE: CA ZIP: 95110 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_158465027906321.xml FORM 4 X0306 4 2020-03-17 0 0000709283 QUANTUM CORP /DE/ QMCO 0001770712 King Elizabeth C/O QUANTUM CORPORATION 224 AIRPORT PARKWAY, SUITE 550 SAN JOSE CA 95110 0 1 0 0 Chief Revenue Officer Common Stock 2020-03-17 4 M 0 50000 0 A 300000 D Performance-Based Restricted Stock Units 2020-03-17 4 M 0 50000 0 D 2022-06-01 Common Stock 50000.0 0 D 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. /s/ Josie Buensuceso, Attorney-in-Fact for Elizabeth King 2020-03-18