Filing Details
- Accession Number:
- 0000950170-25-003094
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-01-07 18:14:09
- Reporting Period:
- 2025-01-03
- Accepted Time:
- 2025-01-07 18:14:09
- 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 |
|---|---|---|---|---|---|---|---|
| 1163368 | Pacific Investment Management Co Llc | 650 Newport Center Drive Newport Beach CA 92660 | No | No | 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 | 2025-01-03 | 114,155 | $54.20 | 626,572 | No | 4 | X | Indirect | See Footnote |
| Common Stock | Disposition | 2025-01-03 | 100,578 | $61.52 | 525,994 | No | 4 | S | Indirect | See Footnote |
| Common Stock | Acquisiton | 2025-01-03 | 219,970 | $26.00 | 745,964 | No | 4 | X | Indirect | See Footnote |
| Common Stock | Disposition | 2025-01-03 | 92,970 | $61.52 | 652,994 | No | 4 | S | Indirect | See Footnote |
| Common Stock | Acquisiton | 2025-01-03 | 63,435 | $6.20 | 716,429 | No | 4 | X | Indirect | See Footnote |
| Common Stock | Disposition | 2025-01-03 | 6,393 | $61.52 | 710,036 | No | 4 | S | Indirect | See Footnote |
| Common Stock | Acquisiton | 2025-01-03 | 37,536 | $6.20 | 747,572 | No | 4 | X | Indirect | See Footnote |
| Common Stock | Disposition | 2025-01-03 | 3,783 | $61.52 | 743,789 | No | 4 | S | Indirect | See Footnote |
| Common Stock | Acquisiton | 2025-01-03 | 18,750 | $6.20 | 762,539 | No | 4 | X | Indirect | See Footnote |
| Common Stock | Disposition | 2025-01-03 | 1,889 | $61.52 | 760,650 | No | 4 | S | Indirect | See Footnote |
| Common Stock | Acquisiton | 2025-01-03 | 224,059 | $6.20 | 984,709 | No | 4 | X | Indirect | See Footnote |
| Common Stock | Disposition | 2025-01-03 | 22,582 | $61.52 | 962,127 | No | 4 | S | Indirect | See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | X | Indirect | See Footnote |
| No | 4 | S | Indirect | See Footnote |
| No | 4 | X | Indirect | See Footnote |
| No | 4 | S | Indirect | See Footnote |
| No | 4 | X | Indirect | See Footnote |
| No | 4 | S | Indirect | See Footnote |
| No | 4 | X | Indirect | See Footnote |
| No | 4 | S | Indirect | See Footnote |
| No | 4 | X | Indirect | See Footnote |
| No | 4 | S | Indirect | See Footnote |
| No | 4 | X | Indirect | See Footnote |
| No | 4 | S | Indirect | See Footnote |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Warrants (right to buy) | Disposition | 2025-01-03 | 114,155 | $0.00 | 114,155 | $61.52 |
| Common Stock | Warrants (right to buy) | Disposition | 2025-01-03 | 219,970 | $0.00 | 219,970 | $61.52 |
| Common Stock | Warrants (right to buy) | Disposition | 2025-01-03 | 63,435 | $0.00 | 63,435 | $61.52 |
| Common Stock | Warrants (right to buy) | Disposition | 2025-01-03 | 37,536 | $0.00 | 37,536 | $61.52 |
| Common Stock | Warrants (right to buy) | Disposition | 2025-01-03 | 18,750 | $0.00 | 18,750 | $61.52 |
| Common Stock | Warrants (right to buy) | Disposition | 2025-01-03 | 224,059 | $0.00 | 224,059 | $61.52 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2020-06-16 | 2030-06-16 | No | 4 | X | Indirect |
| 0 | 2018-12-27 | 2028-12-27 | No | 4 | X | Indirect |
| 0 | 2023-06-01 | 2033-06-01 | No | 4 | X | Indirect |
| 0 | 2024-05-24 | 2034-05-24 | No | 4 | X | Indirect |
| 0 | 2024-07-11 | 2034-07-11 | No | 4 | X | Indirect |
| 0 | 2024-08-13 | 2034-08-13 | No | 4 | X | Indirect |
Footnotes
- On January 3, 2025, the reporting person exercised (a) a warrant to purchase 114,155 shares of Quantum Corporation's common stock, par value $0.01 per share (the "Common Stock"), for $54.20 a share, (b) a warrant to purchase 219,970 shares of Common Stock for $26.00 a share, (c) a warrant to purchase 63,435 shares of Common Stock for $6.20 a share, (d) a warrant to purchase 37,536 shares of Common Stock for $6.20 a share, (e) a warrant to purchase 18,750 shares of Common Stock for $6.20 a share, and (f) a warrant to purchase 224,059 shares of Common Stock for $6.20 a share. The reporting person paid the exercise price for each of these warrants on a cashless basis, resulting in Quantum Corporation withholding an aggregate of 228,195 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 449,710 shares.
- (Continued from footnote 1) The securities are held by certain funds and accounts for which the reporting person serves as investment manager, advisor or sub-advisor, including (i) OC II FIE V LP, which holds 289,620 shares of Common Stock and (ii) OC III LVS XL LP, which holds 672,507 shares of Common Stock. The reporting person disclaims beneficial ownership in the reported securities, except to the extent of its pecuniary interest therein.
Billionaire Hedge Funds
