Form 4 for QMCO QUANTUM CORP /DE/
Accepted 2025-01-07 00:00:00 ET · period of report 2025-01-03 · accession 0000950170-25-003094 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2025-01-07 | 2025-01-03 | QMCO | PACIFIC INVESTMENT MANAGEMENT CO LLC | 10% | S - Sale+OE | $61.52 | -228.2K | 653.0K | -26% | -$14.04M |
| DMI | 2025-01-07 | 2025-01-03 | QMCO | PACIFIC INVESTMENT MANAGEMENT CO LLC | 10% | X - OptEx | $20.71 | +677.9K | 626.6K | New | +$14.04M |
| DMI | 2025-01-07 | 2025-01-03 | QMCO | PACIFIC INVESTMENT MANAGEMENT CO LLC | 10% | X - OptEx | $0.00 | -677.9K | 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 | 2025-01-03 | S | D | 100,578 | $61.52 | 525,994 | I See Footnote | — | — | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 2 | Common | Common Stock | 2025-01-03 | S | D | 22,582 | $61.52 | 962,127 | I See Footnote | — | — | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 3 | Common | Common Stock | 2025-01-03 | X | A | 224,059 | $6.20 | 984,709 | I See Footnote | — | — | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 4 | Common | Common Stock | 2025-01-03 | S | D | 1,889 | $61.52 | 760,650 | I See Footnote | — | — | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 5 | Common | Common Stock | 2025-01-03 | X | A | 18,750 | $6.20 | 762,539 | I See Footnote | — | — | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 6 | Common | Common Stock | 2025-01-03 | S | D | 3,783 | $61.52 | 743,789 | I See Footnote | — | — | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 7 | Common | Common Stock | 2025-01-03 | X | A | 37,536 | $6.20 | 747,572 | I See Footnote | — | — | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 8 | Common | Common Stock | 2025-01-03 | S | D | 6,393 | $61.52 | 710,036 | I See Footnote | — | — | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 9 | Common | Common Stock | 2025-01-03 | X | A | 63,435 | $6.20 | 716,429 | I See Footnote | — | — | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 10 | Common | Common Stock | 2025-01-03 | S | D | 92,970 | $61.52 | 652,994 | I See Footnote | — | — | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 11 | Common | Common Stock | 2025-01-03 | X | A | 219,970 | $26.00 | 745,964 | I See Footnote | — | — | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 12 | Common | Common Stock | 2025-01-03 | X | A | 114,155 | $54.20 | 626,572 | I See Footnote | — | — | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 13 | Derivative | Warrants (right to buy) | 2025-01-03 | X | D | 114,155 | $0.00 | 0 | I See Footnote | $61.52 · 2020-06-16 to 2030-06-16 | 114,155 Common Stock | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 14 | Derivative | Warrants (right to buy) | 2025-01-03 | X | D | 219,970 | $0.00 | 0 | I See Footnote | $61.52 · 2018-12-27 to 2028-12-27 | 219,970 Common Stock | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 15 | Derivative | Warrants (right to buy) | 2025-01-03 | X | D | 63,435 | $0.00 | 0 | I See Footnote | $61.52 · 2023-06-01 to 2033-06-01 | 63,435 Common Stock | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 16 | Derivative | Warrants (right to buy) | 2025-01-03 | X | D | 224,059 | $0.00 | 0 | I See Footnote | $61.52 · 2024-08-13 to 2034-08-13 | 224,059 Common Stock | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 17 | Derivative | Warrants (right to buy) | 2025-01-03 | X | D | 18,750 | $0.00 | 0 | I See Footnote | $61.52 · 2024-07-11 to 2034-07-11 | 18,750 Common Stock | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |
| 18 | Derivative | Warrants (right to buy) | 2025-01-03 | X | D | 37,536 | $0.00 | 0 | I See Footnote | $61.52 · 2024-05-24 to 2034-05-24 | 37,536 Common Stock | (F1) On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares. (F2) (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein. |