SEC Form 4 · accession 0001209191-17-051349
QUANTUM CORP /DE/ · QMCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon W Gacek
Officer — President and CEO
Period of report
Sep 1, 2017
Accepted (ET)
Sep 5, 2017 · 4:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000709283
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Sep 1, 2017 | S | 12,254 | $5.4997 | D | 401,414 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 25, 2017.
- F2The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $5.40 to $5.535 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F3The number of shares have been adjusted for the effect of the 1-for-8 reverse stock split effective April 18, 2017.