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QUANTUM CORP /DE/ Director's Dealing 2010

Jul 1, 2010

34001_dirs_2010-07-01_d07307e3-cdfc-428a-9d63-27ee6a7bc202.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUANTUM CORP /DE/ (QTM)
CIK: 0000709283
Period of Report: 2010-07-01

Reporting Person: BRITTS WILLIAM C (EVP, Sales & Marketing)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-07-01 Common Stock M 25000 Acquired 660662 Direct
2010-07-01 Common Stock F 18185 $1.86 Disposed 642477 Direct
2010-07-01 Common Stock A 140000 Acquired 782477 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-07-01 Restricted Stock Units $ M 25000 Disposed 2010-07-01 Common Stock (25000) Direct

Footnotes

F1: Reflects the partial vesting of Restricted Stock Units (RSUs) granted on 6/30/2007. The vested RSUs converted to shares of Common Stock on a 1-for-1 basis

F2: Surrender of shares to satisfy tax withholding obligations upon vesting of RSUs granted on 06/30/2007 and on 07/01/2008.

F3: RSUs will vest in equal installments on 07/01/2011, 07/01/2012 and on 07/01/2013.