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QUANTUM CORP /DE/ Director's Dealing 2011

Apr 13, 2011

34001_dirs_2011-04-13_2ac4a913-9a91-45dd-91a2-568f6429aea6.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: 2011-04-12

Reporting Person: FETTER ELIZABETH A (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-04-12 Common Stock M 5000 $1.77 Acquired 93392 Direct
2011-04-12 Common Stock M 10000 $1.16 Acquired 103392 Direct
2011-04-12 Common Stock S 15000 $2.75 Disposed 88392 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-04-12 Non-Qualified Stock Options $1.77 M 5000 Disposed 2015-09-01 Common Stock (5000) Direct
2011-04-12 Non-Qualified Stock Options $1.16 M 10000 Disposed 2016-09-01 Common Stock (10000) 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 February 1, 2011.

F3: The options are fully vested and immediately exercisable.