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QUANTUM CORP /DE/ — Director's Dealing 2011
Feb 15, 2011
34001_dirs_2011-02-15_07389272-ff77-4272-b296-e3ef7436c936.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: 2011-02-14
Reporting Person: HALL SHAWN D (Senior VP, GC & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-14 | Common Stock | M | 50000 | $0.98 | Acquired | 276407 | Direct |
| 2011-02-14 | Common Stock | S | 50000 | $2.8570 | Disposed | 226407 | Direct |
| 2011-02-14 | Common Stock | S | 14637 | $2.8625 | Disposed | 211770 | Direct |
| 2011-02-14 | Common Stock | S | 44741 | $2.8578 | Disposed | 167029 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-14 | Non-Qualified Stock Options | $0.98 | M | 50000 | Disposed | 2016-07-01 | Common Stock (50000) | Direct |
Footnotes
F1: Reflects the exercise of the stock options listed in Table II of this Form 4.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 2010.
F3: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $2.84 to $2.88 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.