Filing Details
- Accession Number:
- 0001213900-19-025434
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-12-05 17:14:57
- Reporting Period:
- 2019-12-03
- Accepted Time:
- 2019-12-05 17:14:57
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 709283 | Quantum Corp | QMCO | Computer Storage Devices (3572) | 942665054 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1325552 | Dialectic Antithesis Partners, Lp | 119 Rowayton Avenue, 2Nd Floor Norwalk, CT 06853 | No | No | Yes | No | |
| 1704985 | Br Dialectic Capital Management, Llc | 119 Rowayton Avenue, 2Nd Floor Norwalk, CT 06853 | No | No | Yes | 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 | Disposition | 2019-12-03 | 969,900 | $5.25 | 0 | No | 4 | S | Indirect | Held by Dialectic Antithesis Partners, LP |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | Held by Dialectic Antithesis Partners, LP |
Footnotes
- In addition to BR Dialectic Capital Management, LLC, a Delaware limited liability company ("BR Dialectic"), this Form 4 is being filed jointly by Dialectic Antithesis Partners, LP, a Delaware limited partnership ("Dialectic" and collectively, the "Filing Persons").
- BR Dialectic is the general partner and investment manager of Dialectic. As a result, BR Dialectic may be deemed to indirectly beneficially own the securities held by Dialectic. Each of the Filing Persons disclaims beneficial ownership of the outstanding shares of Common Stock ("Common Stock") of Quantum Corporation, a Delaware corporation (the "Issuer"), reported herein except to the extent of its pecuniary interest therein.
- On December 3, 2019, B. Riley Financial, Inc. ("BRF") purchased 969,900 shares of Common Stock from Dialectic at a purchase price of $5.25 per share. BRF previously reported that it may have been deemed to indirectly beneficially own the 969,900 shares of Common Stock that were previously held by Dialectic. As a result of the sale, the Filing Persons do not own any shares of Common Stock and are no longer subject to Section 16 of the Exchange Act of 1934.
Billionaire Hedge Funds
