Form 4 for QMCO QUANTUM CORP /DE/
Accepted 2021-11-02 00:00:00 ET · period of report 2021-11-01 · accession 0000709283-21-000072 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-11-02 | 2021-11-01 | QMCO | Cabrera Brian E | Chief Legal, Ofcr, Corp Secy | A - Grant | $0.00 | +5,000 | 185.0K | +3% | $0 |
| D | 2021-11-02 | 2021-11-01 | QMCO | Cabrera Brian E | Chief Legal, Ofcr, Corp Secy | A - Grant | $0.00 | -5,000 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-01 | A | A | 5,000 | $0.00 | 185,000 | D | — | — | (F1) 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 November 1, 2022, November 1, 2023 and November 1, 2024. |
| 2 | Derivative | Performance-Based Restricted Stock Units | 2021-11-01 | A | D | 5,000 | $0.00 | 0 | D | — · — to 2026-10-01 | 5,000 Common Stock | (F2) 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 levels of the average closing prices of a share of QMCO common stock during any one hundred (100) calendar day period occurring between November 1, 2021 and November 1, 2026. Vesting is subject to continued employment with QMCO through the later of the achievement date or service vesting date, which occurs in three installments on November 1, 2022, November 1, 2023 and November 1, 2024. |