SEC Form 4 · accession 0001140361-15-003340
QUANTUM CORP /DE/ · QMCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Jan 28, 2015
Accepted (ET)
Jan 30, 2015 · 5:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000709283
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.5% Convertible Bonds due 2015F2,F3,F1 | $4.33 | Jan 28, 2015 | S | — | D | — | — | Common Stock | 11,540,015 | — | I |
Explanation of responses
- F1The 3.5% Convertible Bonds due 2015 are convertible at any time and mature on November 15, 2015.
- F2The Reporting Persons received $51,000,000 plus accrued and unpaid interest on the 3.5% Convertible Bonds due 2015.
- F3These securities are held for the account of Quantum Partners LP, a Cayman Islands exempted limited partnership ("Quantum Partners"). Soros Fund Management LLC ("SFM LLC") serves as principal investment manager to Quantum Partners. As such, SFM LLC has been granted investment discretion over portfolio investments held for the account of Quantum Partners. George Soros serves as Chairman of SFM LLC and Robert Soros serves as President and Deputy Chairman of SFM LLC.
Remarks
The filing of this statement shall not be deemed an admission that any of the Reporting Persons are the beneficial owner of any securities not held directly for its account for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise.