Quantum Corp (QTM): Activist Starboard Value Trims Exposure; Replaces Board Member

Page 18 of 20 – SEC Filing

J.	Messrs. Mitchell and Feld

(a)

Each of Messrs. Mitchell and Feld, as a member of Principal GP and as a member of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed the beneficial owner of the (i) 24,582,539 Shares owned by Starboard V&O Fund, (ii) 5,269,399 Shares owned by Starboard S LLC, (iii) 2,457,479 Shares owned by Starboard C LP and (iv) 8,244,277 Shares held in the Starboard Value LP Account.

Percentage: Approximately 14.2%

(b)

1. Sole power to vote or direct vote: 0

2. Shared power to vote or direct vote: 40,553,694

3. Sole power to dispose or direct the disposition: 0

4. Shared power to dispose or direct the disposition: 40,553,694

(c)

None of Messrs. Mitchell or Feld has entered into any transactions in the Shares during the past sixty days.  The transactions in the Shares on behalf of each of Starboard V&O Fund, Starboard S LLC, Starboard C LP and through the Starboard Value LP Account during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

K.	Mr. Smith*

(a)

As of the close of business on April 6, 2016, Mr. Smith beneficially owned 137,565 Shares representing RSUs that have vested.  Mr. Smith, as a member of Principal GP and as a member of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed the beneficial owner of the (i) 24,582,539 Shares owned by Starboard V&O Fund, (ii) 5,269,399 Shares owned by Starboard S LLC, (iii) 2,457,479 Shares owned by Starboard C LP and (iv) 8,244,277 Shares held in the Starboard Value LP Account.

Percentage: Approximately 14.2%

(b)

1. Sole power to vote or direct vote: 137,565

2. Shared power to vote or direct vote: 40,553,694

3. Sole power to dispose or direct the disposition: 137,565

4. Shared power to dispose or direct the disposition: 40,553,694

(c)

Mr. Smith has not entered into any transactions in the Shares during the past sixty days. The transactions in the Shares on behalf of each of Starboard V&O Fund, Starboard S LLC, Starboard C LP and through the Starboard Value LP Account during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

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* See Mr. Smith’s cover page to this Amendment No. 6 for details regarding his ownership of RSUs of the Issuer that have vested.

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