Raghavendra Rau - Apr 22, 2022 Form 4 Insider Report for QUANTUM CORP /DE/ (QMCO)

Role
Director
Signature
/s/ Josie Buensuceso, as Attorney-In-Fact for Raghavendra Rau
Stock symbol
QMCO
Transactions as of
Apr 22, 2022
Transactions value $
$100,001
Form type
4
Date filed
4/26/2022, 07:58 PM
Previous filing
Oct 5, 2021
Next filing
May 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QMCO Common Stock Exercise of in-the-money or at-the-money derivative security $100K +44.4K +20.82% $2.25 258K Apr 22, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QMCO Subscription Rights (Rights to buy) Exercise of in-the-money or at-the-money derivative security $0 -44.4K -100% $0.00* 0 Apr 22, 2022 Common Stock 44.4K $2.25 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercise of irrevocable subscription rights to acquire shares of common stock at the closing of the Issuer's rights offering on April 22, 2022.