SEC Info - Soros Robert, et al. - ‘4’ for 1/28/15 re: Quantum Corp./DE

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SOROS FUND MANAGEMENT LLC

(Last)

(First)

(Middle)

888 SEVENTH AVENUE

33RD FLOOR

(Street)

NEW YORK

10106

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
QUANTUM CORP /DE/ [ QTM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
1/28/15

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
3.5% Convertible Bonds due 2015	$4.33	1/28/15		S			$50,000,000	⁽¹⁾	⁽¹⁾	Common Stock	11,540,015	⁽²⁾	$80,980,000	I	See Footnote ⁽³⁾

1. Name and Address of Reporting Person^*

SOROS FUND MANAGEMENT LLC

(Last)

(First)

(Middle)

888 SEVENTH AVENUE

33RD FLOOR

(Street)

NEW YORK

10106

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

SOROS GEORGE

(Last)

(First)

(Middle)

888 SEVENTH AVENUE,

33RD FLOOR

(Street)

NEW YORK

10106

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

SOROS ROBERT

(Last)

(First)

(Middle)

888 SEVENTH AVENUE

33RD FLOOR

(Street)

NEW YORK

10106

(City)

(State)

(Zip)

Explanation of Responses:

(1) The 3.5% Convertible Bonds due 2015 are convertible at any time and mature on November 15, 2015.

(2) The Reporting Persons received $51,000,000 plus accrued and unpaid interest on the 3.5% Convertible Bonds due 2015.

(3) These securities are held for the account of Quantum Partners LP, a Cayman Islands exempted limited partnership ("Quantum Partners"). Soros Fund Management LLC ("SFM LLC") serves as principal investment manager to Quantum Partners. As such, SFM LLC has been granted investment discretion over portfolio investments held for the account of Quantum Partners. George Soros serves as Chairman of SFM LLC and Robert Soros serves as President and Deputy Chairman of SFM LLC.

Remarks:

The filing of this statement shall not be deemed an admission that any of the Reporting Persons are the beneficial owner of any securities not held directly for its account for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise.

	/s/ Jay Schoenfarber, as Deputy General Counsel	1/30/15
	/s/ Jay Schoenfarber, as Attorney-in-Fact for George Soros	1/30/15
	/s/ Jay Schoenfarber, as Attorney-in-Fact for Robert Soros	1/30/15
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.

____________ Transaction Code:
S	Open market or private sale of non-derivative or derivative security.

Soros Robert, et al. – ‘4’ for 1/28/15 re: Quantum Corp./DE

On: Friday, 1/30/15, at 5:30pm ET · For: 1/28/15 · As: 10% Owner · Accession #: 1140361-15-3340 · File #: 1-13449

Previous ‘4’: ‘4’ on 6/9/14 for 6/5/14 · Next: ‘4’ on 6/20/16 for 6/10/16 · Latest: ‘4’ on 8/16/18 for 8/14/18

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

‘4’ — Statement of Changes in Beneficial Ownership of Securities by an Insider — doc1.xml/3.6

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Soros Robert, et al. – ‘4’ for 1/28/15 re: Quantum Corp./DE

On: Friday, 1/30/15, at 5:30pm ET · For: 1/28/15 · As: 10% Owner · Accession #: 1140361-15-3340 · File #: 1-13449

Previous ‘4’: ‘4’ on 6/9/14 for 6/5/14 · Next: ‘4’ on 6/20/16 for 6/10/16 · Latest: ‘4’ on 8/16/18 for 8/14/18

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

‘4’ — Statement of Changes in Beneficial Ownership of Securities by an Insider — doc1.xml/3.6

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents