SEC Form 4 · accession 0001209191-17-054766
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
Oct 2, 2017
Accepted (ET)
Oct 2, 2017 · 7:27 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,F4 | Oct 2, 2017 | S | 5,793 | $6.1941 | D | 407,207 | 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.
- F2Fractional share number (due to reverse stock split) was rounded up.
- F3The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $6.12 to $6.2 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.
- F4The number of shares have been adjusted for the effect of the 1-for-8 reverse stock split effective April 18, 2017.