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

STOCK INCENTIVE PLANS AND SHARE-BASED COMPENSATION (Tables)

3 Months Ended

Jun. 30, 2016

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



	Three Months Ended
	June 30, 2016		June 30, 2015
Share-based compensation:
Cost of revenue	$	280	$	362
Research and development	403		549
Sales and marketing	612		870
General and administrative	703		872
	$	1,998	$	2,653
Share-based compensation by type of award:
Stock options	$	—	$	2
Restricted stock	1,836		2,430
Stock purchase plan	162		221
	$	1,998	$	2,653

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, 2016	4,131		$	1.52
Forfeited	(234	)	0.98
Expired	(41	)	0.97
Outstanding as of June 30, 2016	3,856		$	1.56	1.53	$	—
Vested and expected to vest at June 30, 2016	3,856		$	1.56	1.53	$	—
Exercisable as of June 30, 2016	3,856		$	1.56	1.53	$	—

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



	Shares		Weighted-Average Grant Date Fair Value Per Share
Nonvested at March 31, 2016	11,109		$	1.39
Granted	925		0.48
Vested	(306	)	1.36
Forfeited	(174	)	1.43
Nonvested at June 30, 2016	11,554		$	1.32