Filing Details

Accession Number:
0001181431-10-034339
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-06-22 13:00:00
Reporting Period:
2010-06-21
Filing Date:
2010-06-22
Accepted Time:
2010-06-22 19:01:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
709283 Quantum Corp QTM Computer Storage Devices (3572) 942665054
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1198540 C William Britts C/O Quantum Corporation
1650 Technology Drive, Suite 800
San Jose CA 95110
Evp, Sales & Marketing No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-06-21 2,952 $1.46 638,614 No 4 M Direct
Common Stock Disposition 2010-06-21 2,952 $2.50 635,662 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Options Disposition 2010-06-21 2,952 $0.00 2,952 $1.46
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
39,485 2006-08-22 2010-08-22 No 4 M Direct
Footnotes
  1. Reflects the exercise of the stock options listed in Table II of this Form 4.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 26, 2010.
  3. These options were granted under the 1999 Stock Incentive Plan of Advanced Digital Information Corporation ("ADIC") and assumed by Quantum Corporation ("Quantum") on August 22, 2006, pursuant to the Agreement and Plan of Merger between ADIC and Quantum. The options were exchanged for options to purchase Quantum stock, at the exchange ratio of 5.9756 per share.
  4. The options are fully vested and immediately exercisable.