Form 4 for QMCO QUANTUM CORP /DE/
Accepted 2022-11-02 00:00:00 ET · period of report 2022-11-01 · accession 0000709283-22-000049 · 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 | 2022-11-02 | 2022-11-01 | QMCO | Cabrera Brian E | SVP Chief Admin Ofcr, Secy | A - Grant | $0.00 | +25.0K | 275.8K | +10% | $0 |
| D | 2022-11-02 | 2022-11-01 | QMCO | Cabrera Brian E | SVP Chief Admin Ofcr, Secy | A - Grant | $0.00 | -8,325 | 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 | 2022-11-01 | A | A | 25,000 | $0.00 | 275,824 | 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, 2023, November 1, 2024 and November 1, 2025. |
| 2 | Derivative | Performance-Based Restricted Stock Units | 2022-11-01 | A | D | 8,325 | $0.00 | 0 | D | — · — to 2027-11-01 | 8,325 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 level of the average closing price of a share of QMCO common stock during any one hundred (100) calendar day period occurring between November 1, 2022 and November 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 November 1, 2025. |