Filing Details

Accession Number:
0000921895-16-006296
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-12-07 18:17:47
Reporting Period:
2016-12-06
Filing Date:
2016-12-07
Accepted Time:
2016-12-07 18:17:47
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
1285596 R Mark Mitchell 777 Third Avenue, 18Th Floor
New York NY 10017
No No Yes Yes
1362697 C Jeffrey Smith 777 Third Avenue, 18Th Floor
New York NY 10017
No No Yes Yes
1410600 A Peter Feld 777 Third Avenue, 18Th Floor
New York NY 10017
No No Yes Yes
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, $0.01 Par Value Disposition 2016-12-06 426,649 $0.92 8,316,235 No 4 S Indirect By Starboard Value and Opportunity Master Fund Ltd
Common Stock, $0.01 Par Value Disposition 2016-12-06 95,633 $0.92 1,864,087 No 4 S Indirect By Starboard Value and Opportunity S LLC
Common Stock, $0.01 Par Value Disposition 2016-12-06 78,079 $0.92 1,521,923 No 4 S Indirect By Starboard Value and Opportunity C LP
Common Stock, $0.01 Par Value Disposition 2016-12-06 149,639 $0.92 2,916,751 No 4 S Indirect By Managed Account of Starboard Value LP
Common Stock, $0.01 Par Value Disposition 2016-12-06 4,038,941 $0.91 4,277,294 No 4 S Indirect By Starboard Value and Opportunity Master Fund Ltd
Common Stock, $0.01 Par Value Disposition 2016-12-06 905,330 $0.91 958,757 No 4 S Indirect By Starboard Value and Opportunity S LLC
Common Stock, $0.01 Par Value Disposition 2016-12-06 739,152 $0.91 782,771 No 4 S Indirect By Starboard Value and Opportunity C LP
Common Stock, $0.01 Par Value Disposition 2016-12-06 1,416,577 $0.91 1,500,174 No 4 S Indirect By Managed Account of Starboard Value LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Starboard Value and Opportunity Master Fund Ltd
No 4 S Indirect By Starboard Value and Opportunity S LLC
No 4 S Indirect By Starboard Value and Opportunity C LP
No 4 S Indirect By Managed Account of Starboard Value LP
No 4 S Indirect By Starboard Value and Opportunity Master Fund Ltd
No 4 S Indirect By Starboard Value and Opportunity S LLC
No 4 S Indirect By Starboard Value and Opportunity C LP
No 4 S Indirect By Managed Account of Starboard Value LP
Footnotes
  1. This Form 4 is filed jointly by Starboard Value and Opportunity Master Fund Ltd ("Starboard V&O Fund"), Starboard Value and Opportunity S LLC ("Starboard S LLC"), Starboard Value and Opportunity C LP ("Starboard C LP"), Starboard Value LP ("Starboard Value LP"), Starboard Value GP LLC ("Starboard Value GP"), Starboard Principal Co LP ("Principal Co"), Starboard Principal Co GP LLC ("Principal GP"), Starboard Value R LP ("Starboard R LP"), Starboard Value R GP LLC ("Starboard R GP"), Jeffrey C. Smith, Mark R. Mitchell and Peter A. Feld (collectively, the "Reporting Persons"). To enable all of the Reporting Persons to gain access to the Securities and Exchange Commission's electronic filing system (which only accepts a maximum of 10 joint filers per report), this report is the second of two identical reports relating to the same transactions being filed with the Securities and Exchange Commission.
  2. Each Reporting Person may be deemed to be a member of a Section 13(d) group that previously owned more than 10% of the Issuer's outstanding shares of Common Stock. As of December 6, 2016, the Reporting Persons ceased to own in the aggregate more than 10% of the Issuer's outstanding shares of Common Stock. Each Reporting Person disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
  3. Shares of Common Stock beneficially owned by Starboard V&O Fund. Starboard Value LP, as the investment manager of Starboard V&O Fund, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard V&O Fund. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith, Mitchell and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard V&O Fund.
  4. Shares of Common Stock beneficially owned by Starboard S LLC. Starboard Value LP, as the manager of Starboard S LLC, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard S LLC. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith, Mitchell and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard S LLC.
  5. Shares of Common Stock beneficially owned by Starboard C LP. Each of Starboard R LP, as the general partner of Starboard C LP, and Starboard R GP, as the general partner of Starboard R LP, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard C LP. Starboard Value LP, as the investment manager of Starboard C LP, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard C LP. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith, Mitchell and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard C LP.
  6. Shares held in an account managed by Starboard Value LP. Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith, Mitchell and Feld as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard Value LP.