Quantum Corporation Quarterly report pursuant to Section 13 or 15(d)

STOCK INCENTIVE PLANS AND SHARE-BASED COMPENSATION (Tables)

3 Months Ended

Jun. 30, 2015

The following table summarizes share-based compensation (in thousands):



	Three Months Ended
	June 30, 2015		June 30, 2014
Share-based compensation:
Cost of revenue	$	362	$	414
Research and development	549		780
Sales and marketing	870		910
General and administrative	872		964
	$	2,653	$	3,068
Share-based compensation by type of award:
Stock options	$	2	$	157
Restricted stock	2,430		2,698
Stock purchase plan	221		213
	$	2,653	$	3,068

A summary of activity relating to our stock options follows (options and aggregate intrinsic value in thousands):



	Options		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding as of March 31, 2015	4,944		$	1.47
Exercised	(252	)	1.05
Expired	(26	)	1.99
Outstanding as of June 30, 2015	4,666		$	1.49	1.50	$	2,144
Vested and expected to vest at June 30, 2015	4,666		$	1.49	1.50	$	2,144
Exercisable as of June 30, 2015	4,666		$	1.49	1.50	$	2,144

A summary of activity relating to our restricted stock follows (shares in thousands):



	Shares		Weighted-Average Grant Date Fair Value Per Share
Nonvested at March 31, 2015	13,791		$	1.34
Granted	230		1.97
Vested	(289	)	1.41
Forfeited	(138	)	1.30
Nonvested at June 30, 2015	13,594		$	1.35