UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Non-Qualified Stock Option (2) | 07/01/2010(3) | 07/01/2016 | Common Stock | 250,000 | $ 0.98 | D | |
Non-Qualified Stock Option (2) | 11/01/2008(4) | 10/31/2014 | Common Stock | 200,000 | $ 4 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Lee Janae S. C/O QUANTUM CORPORATION 1650 TECHNOLOGY DRIVE, SUITE 800 SAN FRANCISCO, CA 95110 |
SVP Software and Disk Products |
/s/ Astrid Becker-Celik, Attorney in Fact for Janae S. Lee | 04/08/2011 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Includes 97,500 restricted stock units which will vest as follows: 12,500 will vest on 6/1/11, 28,334 will vest on 7/1/11, and 28,333 will vest on each of 7/1/12 and 7/1/13. |
(2) | Right to buy under Rule 16b(3) Plan. |
(3) | Includes 187,500 stock options that are unvested and will vest as follows: 125,000 will vest on 7/1/2011 and 62,500 will vest on 7/1/2012. |
(4) | Includes 29,167 stock options that are unvested and will vest monthly at the rate of 1/48 of the original grant amount of 200,000 through 11/1/2011. |