0001415889-15-003396.txt : 20151013
0001415889-15-003396.hdr.sgml : 20151012
20151013214750
ACCESSION NUMBER: 0001415889-15-003396
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20151009
FILED AS OF DATE: 20151013
DATE AS OF CHANGE: 20151013
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: QUANTUM CORP /DE/
CENTRAL INDEX KEY: 0000709283
STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER STORAGE DEVICES [3572]
IRS NUMBER: 942665054
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 224 AIRPORT PARKWAY
STREET 2: SUITE 300
CITY: SAN JOSE
STATE: CA
ZIP: 95110
BUSINESS PHONE: 408 944 4000
MAIL ADDRESS:
STREET 1: 224 AIRPORT PARKWAY
STREET 2: SUITE 300
CITY: SAN JOSE
STATE: CA
ZIP: 95110
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Starboard Principal Co GP LLC
CENTRAL INDEX KEY: 0001517140
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13449
FILM NUMBER: 151157086
BUSINESS ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: (212) 845-7977
MAIL ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Starboard Principal Co LP
CENTRAL INDEX KEY: 0001517139
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13449
FILM NUMBER: 151157087
BUSINESS ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: (212) 845-7977
MAIL ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: STARBOARD VALUE & OPPORTUNITY MASTER FUND LTD
CENTRAL INDEX KEY: 0001373638
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13449
FILM NUMBER: 151157091
BUSINESS ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 212-845-7906
MAIL ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
FORMER NAME:
FORMER CONFORMED NAME: STARBOARD VALUE & OPPORTUNITY FUND LTD
DATE OF NAME CHANGE: 20110404
FORMER NAME:
FORMER CONFORMED NAME: RAMIUS VALUE & OPPORTUNITY MASTER FUND LTD
DATE OF NAME CHANGE: 20090730
FORMER NAME:
FORMER CONFORMED NAME: Starboard Value & Opportunity Master Fund Ltd
DATE OF NAME CHANGE: 20060823
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: STARBOARD VALUE & OPPORTUNITY S LLC
CENTRAL INDEX KEY: 0001519812
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13449
FILM NUMBER: 151157092
BUSINESS ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 212-845-7977
MAIL ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Starboard Value LP
CENTRAL INDEX KEY: 0001517137
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13449
FILM NUMBER: 151157094
BUSINESS ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: (212) 845-7977
MAIL ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Starboard Value R GP LLC
CENTRAL INDEX KEY: 0001575979
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13449
FILM NUMBER: 151157088
BUSINESS ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: (212) 845-7977
MAIL ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Starboard Value GP LLC
CENTRAL INDEX KEY: 0001517138
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13449
FILM NUMBER: 151157093
BUSINESS ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: (212) 845-7977
MAIL ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Starboard Value R LP
CENTRAL INDEX KEY: 0001575972
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13449
FILM NUMBER: 151157089
BUSINESS ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: (212)845-7977
MAIL ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Starboard Value & Opportunity C LP
CENTRAL INDEX KEY: 0001571704
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13449
FILM NUMBER: 151157090
BUSINESS ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: (212) 845-7977
MAIL ADDRESS:
STREET 1: 777 THIRD AVENUE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
4
1
form406297109a_10132015.xml
OWNERSHIP DOCUMENT
X0306
4
2015-10-09
0
0000709283
QUANTUM CORP /DE/
QTM
0001517137
Starboard Value LP
777 THIRD AVENUE
18TH FLOOR
NEW YORK
NY
10017
0
0
1
0
0001517138
Starboard Value GP LLC
777 THIRD AVENUE
18TH FLOOR
NEW YORK
NY
10017
0
0
1
0
0001519812
STARBOARD VALUE & OPPORTUNITY S LLC
777 THIRD AVENUE
18TH FLOOR
NEW YORK
NY
10017
0
0
1
0
0001517139
Starboard Principal Co LP
777 THIRD AVENUE
18TH FLOOR
NEW YORK
NY
10017
0
0
1
0
0001517140
Starboard Principal Co GP LLC
777 THIRD AVENUE
18TH FLOOR
NEW YORK
NY
10017
0
0
1
0
0001373638
STARBOARD VALUE & OPPORTUNITY MASTER FUND LTD
777 THIRD AVENUE
18TH FLOOR
NEW YORK
NY
10017
0
0
1
0
0001571704
Starboard Value & Opportunity C LP
777 THIRD AVENUE
18TH FLOOR
NEW YORK
NY
10017
0
0
1
0
0001575972
Starboard Value R LP
777 THIRD AVENUE
18TH FLOOR
NEW YORK
NY
10017
0
0
1
0
0001575979
Starboard Value R GP LLC
777 THIRD AVENUE
18TH FLOOR
NEW YORK
NY
10017
0
0
1
0
4.50% Convertible Senior Notes due 2017
1.65
2015-10-09
4
P
0
3755000
85
A
2017-11-15
Common Stock
2279903
22715000
I
By Starboard Value and Opportunity Master Fund Ltd
4.50% Convertible Senior Notes due 2017
1.65
2015-10-09
4
P
0
435000
85
A
2017-11-15
Common Stock
264117
4695000
I
By Starboard Value and Opportunity S LLC
4.50% Convertible Senior Notes due 2017
1.65
2015-10-09
4
P
0
245000
85
A
2017-11-15
Common Stock
148755
795000
I
By Starboard Value and Opportunity C LP
4.50% Convertible Senior Notes due 2017
1.65
2015-10-09
4
P
0
565000
85
A
2017-11-15
Common Stock
343048
7345000
I
By Managed Account of Starboard Value LP
This Form 4 is filed jointly by Starboard Value and Opportunity Master Fund Ltd ("Starboard V&O Fund"), Starboard Value and Opportunity S LLC ("Starboard S LLC"), Starboard Value and Opportunity C LP ("Starboard C LP"), Starboard Value LP ("Starboard Value LP"), Starboard Value GP LLC ("Starboard Value GP"), Starboard Principal Co LP ("Principal Co"), Starboard Principal Co GP LLC ("Principal GP"), Starboard Value R LP ("Starboard R LP"), Starboard Value R GP LLC ("Starboard R GP"), Jeffrey C. Smith, Mark R. Mitchell and Peter A. Feld (collectively, the "Reporting Persons"). To enable all of the Reporting Persons to gain access to the Securities and Exchange Commission's electronic filing system (which only accepts a maximum of 10 joint filers per report), this report is the first of two identical reports relating to the same transactions being filed with the Securities and Exchange Commission.
Each Reporting Person may be deemed to be a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding shares of Common Stock. Each Reporting Person disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
The notes are convertible at an initial conversion rate of 607.1645 shares of the Issuer's common stock per $1,000 principal amount of notes (representing an initial conversion price of approximately $1.65 per share of the Issuer's common stock), subject to adjustment in certain circumstances.
The Reporting Persons may convert their notes at their option, at any time prior to the close of business on the business day immediately preceding November 15, 2017.
Shares of Common Stock, including Shares underlying the notes, beneficially owned by Starboard V&O Fund. Starboard Value LP, as the investment manager of Starboard V&O Fund, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard V&O Fund. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co and Messrs. Smith, Mitchell and Feld as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard V&O Fund.
Shares of Common Stock, including Shares underlying the notes, beneficially owned by Starboard S LLC. Starboard Value LP, as the manager of Starboard S LLC, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard S LLC. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co and Messrs. Smith, Mitchell and Feld as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard S LLC.
Shares of Common Stock, including Shares underlying the notes, beneficially owned by Starboard C LP. Each of Starboard R LP, as the general partner of Starboard C LP, and Starboard R GP, as the general partner of Starboard R LP, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard C LP. Starboard Value LP, as the investment manager of Starboard C LP, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard C LP. Each of Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co, and Messrs. Smith, Mitchell and Feld, as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard C LP.
Shares, including Shares underlying the notes, held in an account managed by Starboard Value LP. Starboard Value GP, as the general partner of Starboard Value LP, Principal Co, as a member of Starboard Value GP, Principal GP, as the general partner of Principal Co and Messrs. Smith, Mitchell and Feld as members of Principal GP and as members of each of the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Starboard Value LP.
Starboard Value LP; By: Starboard Value GP LLC; By: /s/ Jeffrey C. Smith, Authorized Signatory
2015-10-13
Starboard Value and Opportunity Master Fund Ltd; By: Starboard Value LP; By: /s/ Jeffrey C. Smith, Authorized Signatory
2015-10-13
Starboard Value and Opportunity S LLC; By: Starboard Value LP; By: /s/ Jeffrey C. Smith, Authorized Signatory
2015-10-13
Starboard Value and Opportunity C LP; By: Starboard Value LP; By: /s/ Jeffrey C. Smith, Authorized Signatory
2015-10-13
Starboard Value GP LLC; By: Starboard Principal Co LP; By: /s/ Jeffrey C. Smith, Authorized Signatory
2015-10-13
Starboard Principal Co LP; By:Starboard Principal Co GP LLC; By: /s/ Jeffrey C. Smith, Authorized Signatory
2015-10-13
Starboard Principal Co GP LLC; By: /s/ Jeffrey C. Smith, Authorized Signatory
2015-10-13
Starboard Value R LP; By: /s/ Jeffrey C. Smith, Authorized Signatory
2015-10-13
Starboard Value R GP LLC; By: /s/ Jeffrey C. Smith, Authorized Signatory
2015-10-13