Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
§ 240.13d-2(a)
(Amendment No. 13)1
Quantum Corporation
(Name of Issuer)
Common Stock, $.01 par value per share
(Title of Class of Securities)
747906501
(CUSIP Number)
ERIC SINGER
VIEX CAPITAL ADVISORS, LLC
745 Boylston Street, 3rd Floor
Boston, Massachusetts 02116
STEVE WOLOSKY, ESQ.
ELIZABETH GONZALEZ-SUSSMAN, ESQ.
OLSHAN FROME WOLOSKY LLP
1325 Avenue of the Americas
New York, New York 10019
(212) 451-2300
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 9, 2020
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ¨.
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.
1 The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 747906501
| 1 | NAME OF REPORTING PERSON | ||||||||||||||||||
| VIEX Opportunities Fund, LP – Series One* | |||||||||||||||||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ | |||||||||||||||||
| (b) ☐ | |||||||||||||||||||
| 3 | SEC USE ONLY | ||||||||||||||||||
| 4 | SOURCE OF FUNDS | ||||||||||||||||||
| WC | |||||||||||||||||||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ☐ | |||||||||||||||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||||||||||
| DELAWARE | |||||||||||||||||||
| NUMBER OF | 7 | SOLE VOTING POWER | |||||||||||||||||
| SHARES | |||||||||||||||||||
| BENEFICIALLY | - 0 - | ||||||||||||||||||
| OWNED BY | 8 | SHARED VOTING POWER | |||||||||||||||||
| EACH | |||||||||||||||||||
| REPORTING | 391,924 | ||||||||||||||||||
| PERSON WITH | 9 | SOLE DISPOSITIVE POWER | |||||||||||||||||
| - 0 - | |||||||||||||||||||
| 10 | SHARED DISPOSITIVE POWER | ||||||||||||||||||
| 391,924 | |||||||||||||||||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||||||||||
| 391,924 | |||||||||||||||||||
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ☐ | |||||||||||||||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||||||||||
| Less than 1% | |||||||||||||||||||
| 14 | TYPE OF REPORTING PERSON | ||||||||||||||||||
| PN | |||||||||||||||||||
* This Series One is part of a series of VIEX Opportunities Fund, LP, a Delaware series limited partnership.
| 2 |
CUSIP No. 747906501
| 1 | NAME OF REPORTING PERSON | ||||||||||||||||||
| VIEX Opportunities Fund, LP – Series Two* | |||||||||||||||||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ | |||||||||||||||||
| (b) ☐ | |||||||||||||||||||
| 3 | SEC USE ONLY | ||||||||||||||||||
| 4 | SOURCE OF FUNDS | ||||||||||||||||||
| WC | |||||||||||||||||||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ☐ | |||||||||||||||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||||||||||
| DELAWARE | |||||||||||||||||||
| NUMBER OF | 7 | SOLE VOTING POWER | |||||||||||||||||
| SHARES | |||||||||||||||||||
| BENEFICIALLY | - 0 - | ||||||||||||||||||
| OWNED BY | 8 | SHARED VOTING POWER | |||||||||||||||||
| EACH | |||||||||||||||||||
| REPORTING | 95,743 | ||||||||||||||||||
| PERSON WITH | 9 | SOLE DISPOSITIVE POWER | |||||||||||||||||
| - 0 - | |||||||||||||||||||
| 10 | SHARED DISPOSITIVE POWER | ||||||||||||||||||
| 95,743 | |||||||||||||||||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||||||||||
| 95,743 | |||||||||||||||||||
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ☐ | |||||||||||||||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||||||||||
| Less than 1% | |||||||||||||||||||
| 14 | TYPE OF REPORTING PERSON | ||||||||||||||||||
| PN | |||||||||||||||||||
* This Series Two is part of a series of VIEX Opportunities Fund, LP, a Delaware series limited partnership.
| 3 |
CUSIP No. 747906501
| 1 | NAME OF REPORTING PERSON | ||||||||||||||||||
| VIEX Special Opportunities Fund III, LP | |||||||||||||||||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ | |||||||||||||||||
| (b) ☐ | |||||||||||||||||||
| 3 | SEC USE ONLY | ||||||||||||||||||
| 4 | SOURCE OF FUNDS | ||||||||||||||||||
| WC | |||||||||||||||||||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ☐ | |||||||||||||||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||||||||||
| DELAWARE | |||||||||||||||||||
| NUMBER OF | 7 | SOLE VOTING POWER | |||||||||||||||||
| SHARES | |||||||||||||||||||
| BENEFICIALLY | - 0 - | ||||||||||||||||||
| OWNED BY | 8 | SHARED VOTING POWER | |||||||||||||||||
| EACH | |||||||||||||||||||
| REPORTING | 1,402,927 | ||||||||||||||||||
| PERSON WITH | 9 | SOLE DISPOSITIVE POWER | |||||||||||||||||
| - 0 - | |||||||||||||||||||
| 10 | SHARED DISPOSITIVE POWER | ||||||||||||||||||
| 1,402,927 | |||||||||||||||||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||||||||||
| 1,402,927 | |||||||||||||||||||
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ☐ | |||||||||||||||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||||||||||
| 3.5% | |||||||||||||||||||
| 14 | TYPE OF REPORTING PERSON | ||||||||||||||||||
| PN | |||||||||||||||||||
| 4 |
CUSIP No. 747906501
| 1 | NAME OF REPORTING PERSON | ||||||||||||||||||
| VIEX GP, LLC | |||||||||||||||||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ | |||||||||||||||||
| (b) ☐ | |||||||||||||||||||
| 3 | SEC USE ONLY | ||||||||||||||||||
| 4 | SOURCE OF FUNDS | ||||||||||||||||||
| AF | |||||||||||||||||||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ☐ | |||||||||||||||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||||||||||
| DELAWARE | |||||||||||||||||||
| NUMBER OF | 7 | SOLE VOTING POWER | |||||||||||||||||
| SHARES | |||||||||||||||||||
| BENEFICIALLY | - 0 - | ||||||||||||||||||
| OWNED BY | 8 | SHARED VOTING POWER | |||||||||||||||||
| EACH | |||||||||||||||||||
| REPORTING | 487,667 | ||||||||||||||||||
| PERSON WITH | 9 | SOLE DISPOSITIVE POWER | |||||||||||||||||
| - 0 - | |||||||||||||||||||
| 10 | SHARED DISPOSITIVE POWER | ||||||||||||||||||
| 487,667 | |||||||||||||||||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||||||||||
| 487,667 | |||||||||||||||||||
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ☐ | |||||||||||||||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||||||||||
| 1.2% | |||||||||||||||||||
| 14 | TYPE OF REPORTING PERSON | ||||||||||||||||||
| OO | |||||||||||||||||||
| 5 |
CUSIP No. 747906501
| 1 | NAME OF REPORTING PERSON | ||||||||||||||||||
| VIEX Special Opportunities GP III, LLC | |||||||||||||||||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ | |||||||||||||||||
| (b) ☐ | |||||||||||||||||||
| 3 | SEC USE ONLY | ||||||||||||||||||
| 4 | SOURCE OF FUNDS | ||||||||||||||||||
| AF | |||||||||||||||||||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ☐ | |||||||||||||||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||||||||||
| DELAWARE | |||||||||||||||||||
| NUMBER OF | 7 | SOLE VOTING POWER | |||||||||||||||||
| SHARES | |||||||||||||||||||
| BENEFICIALLY | - 0 - | ||||||||||||||||||
| OWNED BY | 8 | SHARED VOTING POWER | |||||||||||||||||
| EACH | |||||||||||||||||||
| REPORTING | 1,402,927 | ||||||||||||||||||
| PERSON WITH | 9 | SOLE DISPOSITIVE POWER | |||||||||||||||||
| - 0 - | |||||||||||||||||||
| 10 | SHARED DISPOSITIVE POWER | ||||||||||||||||||
| 1,402,927 | |||||||||||||||||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||||||||||
| 1,402,927 | |||||||||||||||||||
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ☐ | |||||||||||||||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||||||||||
| 3.5% | |||||||||||||||||||
| 14 | TYPE OF REPORTING PERSON | ||||||||||||||||||
| OO | |||||||||||||||||||
| 6 |
CUSIP No. 747906501
| 1 | NAME OF REPORTING PERSON | ||||||||||||||||||
| VIEX Capital Advisors, LLC | |||||||||||||||||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ | |||||||||||||||||
| (b) ☐ | |||||||||||||||||||
| 3 | SEC USE ONLY | ||||||||||||||||||
| 4 | SOURCE OF FUNDS | ||||||||||||||||||
| AF | |||||||||||||||||||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ☐ | |||||||||||||||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||||||||||
| DELAWARE | |||||||||||||||||||
| NUMBER OF | 7 | SOLE VOTING POWER | |||||||||||||||||
| SHARES | |||||||||||||||||||
| BENEFICIALLY | - 0 - | ||||||||||||||||||
| OWNED BY | 8 | SHARED VOTING POWER | |||||||||||||||||
| EACH | |||||||||||||||||||
| REPORTING | 1,890,594 | ||||||||||||||||||
| PERSON WITH | 9 | SOLE DISPOSITIVE POWER | |||||||||||||||||
| - 0 - | |||||||||||||||||||
| 10 | SHARED DISPOSITIVE POWER | ||||||||||||||||||
| 1,890,594 | |||||||||||||||||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||||||||||
| 1,890,594 | |||||||||||||||||||
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ☐ | |||||||||||||||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||||||||||
| 4.7% | |||||||||||||||||||
| 14 | TYPE OF REPORTING PERSON | ||||||||||||||||||
| IA | |||||||||||||||||||
| 7 |
CUSIP No. 747906501
| 1 | NAME OF REPORTING PERSON | ||||||||||||||||||
| Eric Singer | |||||||||||||||||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ☐ | |||||||||||||||||
| (b) ☐ | |||||||||||||||||||
| 3 | SEC USE ONLY | ||||||||||||||||||
| 4 | SOURCE OF FUNDS | ||||||||||||||||||
| AF | |||||||||||||||||||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ☐ | |||||||||||||||||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||||||||||
| USA | |||||||||||||||||||
| NUMBER OF | 7 | SOLE VOTING POWER | |||||||||||||||||
| SHARES | |||||||||||||||||||
| BENEFICIALLY | 66,681 | ||||||||||||||||||
| OWNED BY | 8 | SHARED VOTING POWER | |||||||||||||||||
| EACH | |||||||||||||||||||
| REPORTING | 1,890,594 | ||||||||||||||||||
| PERSON WITH | 9 | SOLE DISPOSITIVE POWER | |||||||||||||||||
| 66,681 | |||||||||||||||||||
| 10 | SHARED DISPOSITIVE POWER | ||||||||||||||||||
| 1,890,594 | |||||||||||||||||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||||||||||
| 1,957,275 | |||||||||||||||||||
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ☐ | |||||||||||||||||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||||||||||
| 4.9% | |||||||||||||||||||
| 14 | TYPE OF REPORTING PERSON | ||||||||||||||||||
| IN | |||||||||||||||||||
| 8 |
CUSIP No. 747906501
The following constitutes Amendment No. 13 to the Schedule 13D filed by the undersigned (the “Amendment No. 13”). This Amendment No. 13 amends the Schedule 13D as specifically set forth herein.
| Item 3. | Source and Amount of Funds or Other Consideration. |
Item 3 is hereby amended and restated to read as follows:
The Shares purchased by Series One were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases, except as otherwise noted, as set forth in Schedule A, which is incorporated by reference herein. The aggregate purchase price of the 391,924 Shares beneficially owned by Series One is approximately $2,163,420, including brokerage commissions.
The Shares purchased by Series Two were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases, except as otherwise noted, as set forth in Schedule A, which is incorporated by reference herein. The aggregate purchase price of the 95,743 Shares beneficially owned by Series Two is approximately $523,714, including brokerage commissions.
The Shares purchased by VSO III were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases, except as otherwise noted, as set forth in Schedule A, which is incorporated by reference herein. The aggregate purchase price of the 1,402,927 Shares beneficially owned by VSO III is approximately $6,705,991, including brokerage commissions.
The 66,681 Shares owned directly by Mr. Singer were awarded to him in his capacity as a director of the Issuer.
| Item 5. | Interest in Securities of the Issuer. |
Items 5(a)-(c) and (e) are hereby amended and restated to read as follows:
The aggregate percentage of Shares reported owned by each Reporting Person is based upon 39,858,691 Shares outstanding, which is the total number of Shares outstanding as of January 27, 2020, as reported in the Issuer’s Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on January 29, 2020.
| 9 |
CUSIP No. 747906501
| A. | Series One |
| (a) | As of the close of business on March 11, 2020, Series One beneficially owned 391,924 Shares. |
Percentage: Less than 1%
| (b) | 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 391,924 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 391,924 |
| (c) | The transactions in the Shares by Series One during the past sixty days are set forth in Schedule A and are incorporated herein by reference. |
| B. | Series Two |
| (a) | As of the close of business on March 11, 2020, Series Two beneficially owned 95,743 Shares. |
Percentage: Less than 1%
| (b) | 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 95,743 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 95,743 |
| (c) | The transactions in the Shares by Series Two during the past sixty days are set forth in Schedule A and are incorporated herein by reference. |
| C. | VSO III |
| (a) | As of the close of business on March 11, 2020, VSO III beneficially owned 1,402,927 Shares. |
Percentage: Approximately 3.5%
| (b) | 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 1,402,927 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 1,402,927 |
| (c) | The transactions in the Shares by VSO III during the past sixty days are set forth in Schedule A and are incorporated herein by reference. |
| 10 |
CUSIP No. 747906501
| D. | VIEX GP |
| (a) | VIEX GP, as the general partner of Series One and Series Two, may be deemed the beneficial owner of the (i) 391,924 Shares owned by Series One and (ii) 95,743 S hares owned by Series Two. |
Percentage: Approximately 1.2%
| (b) | 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 487,667 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 487,667 |
| (c) | VIEX GP has not entered into any transactions in the Shares during the past sixty days. The transactions in the Shares on behalf of each of Series One and Series Two during the past sixty days are set forth in Schedule A and are incorporated herein by reference. |
| E. | VSO GP III |
| (a) | VSO GP III, as the general partner of VSO III, may be deemed the beneficial owner of the 1,402,927 Shares owned by VSO III. |
Percentage: Approximately 3.5%
| (b) | 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 1,402,927 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 1,402,927 |
| (c) | VSO GP III has not entered into any transactions in the Shares during the past sixty days. The transactions in the Shares on behalf of VSO III during the past sixty days are set forth in Schedule A and are incorporated herein by reference. |
| 11 |
CUSIP No. 747906501
| F. | VIEX Capital |
| (a) | VIEX Capital, as the investment manager of Series One, Series Two and VSO III, may be deemed the beneficial owner of the (i) 391,924 Shares owned by Series One, (ii) 95,743 Shares owned by Series Two and (iii) 1,402,927 owned by VSO III. |
Percentage: Approximately 4.7%
| (b) | 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 1,890,594 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 1,890,594 |
| (c) | VIEX Capital has not entered into any transactions in the Shares during the past sixty days. The transactions in the Shares on behalf of each of Series One, Series Two and VSO III during the past sixty days are set forth in Schedule A and are incorporated herein by reference. |
| G. | Eric Singer |
| (a) | As of the close of business on March 11, 2020, Mr. Singer beneficially owned 66,681 Shares. Mr. Singer, as the managing member of VIEX GP and VIEX Capital, may be deemed the beneficial owner of the (i) 391,924 Shares owned by Series One, (ii) 95,743 Shares owned by Series Two and (iii) 1,402,927 owned by VSO III. |
Percentage: Approximately 4.9%
| (b) | 1. Sole power to vote or direct vote: 66,681 2. Shared power to vote or direct vote: 1,890,594 3. Sole power to dispose or direct the disposition: 66,681 4. Shared power to dispose or direct the disposition: 1,890,594 |
| (c) | Mr. Singer has not entered into any transactions in the Shares during the past sixty days. The transactions in the Shares on behalf of each of Series One, Series Two and VSO III during the past sixty days are set forth in Schedule A and are incorporated herein by reference. |
The filing of this Schedule 13D shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer that he or it does not directly own. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein that he or it does not directly own.
| (e) | As of March 11, 2020, the Reporting Persons ceased to beneficially own 5% or more of the Issuer’s outstanding Shares. |
| 12 |
CUSIP No. 747906501
SIGNATURES
After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: March 11, 2020
| VIEX Opportunities Fund, LP – Series One | |||
| By: |
VIEX GP, LLC General Partner | ||
| By: |
/s/ Eric Singer | ||
| Name: | Eric Singer | ||
| Title: | Managing Member | ||
| VIEX Opportunities Fund, LP – Series Two | |||
| By: | VIEX GP, LLC General Partner | ||
| By: |
/s/ Eric Singer | ||
| Name: | Eric Singer | ||
| Title: | Managing Member | ||
| VIEX GP, LLC | |||
| By: |
/s/ Eric Singer | ||
| Name: | Eric Singer | ||
| Title: | Managing Member | ||
| VIEX Special Opportunities Fund III, LP | |||
| By: |
VIEX Special Opportunities GP III, LLC General Partner | ||
| By: |
/s/ Eric Singer | ||
| Name: | Eric Singer | ||
| Title: | Managing Member | ||
| 13 |
CUSIP No. 747906501
| VIEX Special Opportunities GP III, LLC | |||
| By: |
/s/ Eric Singer | ||
| Name: | Eric Singer | ||
| Title: | Managing Member | ||
| VIEX Capital Advisors, LLC | |||
| By: |
/s/ Eric Singer | ||
| Name: | Eric Singer | ||
| Title: | Managing Member | ||
|
/s/ Eric Singer | |
| Eric Singer |
| 14 |
CUSIP No. 747906501
SCHEDULE A
Transactions in the Shares during the past sixty days
| Nature of the Transaction |
Securities Purchased/(Sold) |
Price Per Share($) |
Date of Purchase / Sale |
VIEX OPPORTUNITIES FUND, LP – Series ONe
| Sale of Common Stock | (3,089) | 6.7250 | 02/03/2020 |
| Sale of Common Stock | (20,310) | 6.6604 | 02/04/2020 |
| Sale of Common Stock | (5,348) | 6.6567 | 02/05/2020 |
| Sale of Common Stock | (4,664) | 6.6140 | 02/06/2020 |
| Sale of Common Stock | (5,281) | 6.6121 | 02/06/2020 |
| Sale of Common Stock | (5,734) | 6.5138 | 02/07/2020 |
| Sale of Common Stock | (7,933) | 6.5567 | 02/10/2020 |
| Sale of Common Stock | (10,876) | 6.3528 | 02/11/2020 |
| Sale of Common Stock | (906) | 6.4541 | 02/12/2020 |
| Sale of Common Stock | (3,109) | 6.0800 | 02/13/2020 |
| Sale of Common Stock | (1,907) | 6.0373 | 02/14/2020 |
| Sale of Common Stock | (373) | 5.6461 | 02/18/2020 |
| Sale of Common Stock | (4,763) | 5.4717 | 02/19/2020 |
| Sale of Common Stock | (2,765) | 5.7131 | 02/20/2020 |
| Sale of Common Stock | (435) | 5.0602 | 02/26/2020 |
| Sale of Common Stock | (2,073) | 4.9500 | 02/26/2020 |
| Sale of Common Stock | (1,037) | 4.9674 | 02/27/2020 |
| Sale of Common Stock | (8,375) | 5.2711 | 02/28/2020 |
| Sale of Common Stock | (11,128) | 5.3525 | 03/02/2020 |
| Sale of Common Stock | (6,329) | 5.3384 | 03/03/2020 |
| Sale of Common Stock | (2,269) | 4.7328 | 03/06/2020 |
| Sale of Common Stock | (12,180) | 3.9652 | 03/09/2020 |
| Sale of Common Stock | (20,730) | 3.9503 | 03/09/2020 |
| Sale of Common Stock | (25,172) | 4.0213 | 03/10/2020 |
| Sale of Common Stock | (55,971) | 3.7593 | 03/10/2020 |
| Sale of Common Stock | (36,555) | 3.4000 | 03/11/2020 |
CUSIP No. 747906501
VIEX opportunities fund, lp – series Two
| Sale of Common Stock | (754) | 6.7250 | 02/03/2020 |
| Sale of Common Stock | (4,961) | 6.6604 | 02/04/2020 |
| Sale of Common Stock | (1,307) | 6.6567 | 02/05/2020 |
| Sale of Common Stock | (1,139) | 6.6140 | 02/06/2020 |
| Sale of Common Stock | (1,290) | 6.6121 | 02/06/2020 |
| Sale of Common Stock | (1,401) | 6.5138 | 02/07/2020 |
| Sale of Common Stock | (1,938) | 6.5567 | 02/10/2020 |
| Sale of Common Stock | (2,657) | 6.3528 | 02/11/2020 |
| Sale of Common Stock | (221) | 6.4541 | 02/12/2020 |
| Sale of Common Stock | (760) | 6.0800 | 02/13/2020 |
| Sale of Common Stock | (466) | 6.0373 | 02/14/2020 |
| Sale of Common Stock | (91) | 5.6461 | 02/18/2020 |
| Sale of Common Stock | (1,164) | 5.4717 | 02/19/2020 |
| Sale of Common Stock | (675) | 5.7131 | 02/20/2020 |
| Sale of Common Stock | (106) | 5.0602 | 02/26/2020 |
| Sale of Common Stock | (506) | 4.9500 | 02/26/2020 |
| Sale of Common Stock | (253) | 4.9674 | 02/27/2020 |
| Sale of Common Stock | (2,046) | 5.2711 | 02/28/2020 |
| Sale of Common Stock | (2,718) | 5.3525 | 03/02/2020 |
| Sale of Common Stock | (1,546) | 5.3384 | 03/03/2020 |
| Sale of Common Stock | (2,975) | 3.9652 | 03/09/2020 |
| Sale of Common Stock | (5,063) | 3.9503 | 03/09/2020 |
| Sale of Common Stock | (6,144) | 4.0213 | 03/10/2020 |
| Sale of Common Stock | (13,662) | 3.7593 | 03/10/2020 |
| Sale of Common Stock | (8,929) | 3.4000 | 03/11/2020 |
CUSIP No. 747906501
VIEX special opportunities fund iIi, LP
| Sale of Common Stock | (11,057) | 6.7250 | 02/03/2020 |
| Sale of Common Stock | (72,701) | 6.6604 | 02/04/2020 |
| Sale of Common Stock | (19,145) | 6.6567 | 02/05/2020 |
| Sale of Common Stock | (16,697) | 6.6140 | 02/06/2020 |
| Sale of Common Stock | (18,906) | 6.6121 | 02/06/2020 |
| Sale of Common Stock | (20,527) | 6.5138 | 02/07/2020 |
| Sale of Common Stock | (28,398) | 6.5567 | 02/10/2020 |
| Sale of Common Stock | (38,934) | 6.3528 | 02/11/2020 |
| Sale of Common Stock | (3,241) | 6.4541 | 02/12/2020 |
| Sale of Common Stock | (11,131) | 6.0800 | 02/13/2020 |
| Sale of Common Stock | (6,827) | 6.0373 | 02/14/2020 |
| Sale of Common Stock | (1,336) | 5.6461 | 02/18/2020 |
| Sale of Common Stock | (17,051) | 5.4717 | 02/19/2020 |
| Sale of Common Stock | (9,896) | 5.7131 | 02/20/2020 |
| Sale of Common Stock | (1,559) | 5.0602 | 02/26/2020 |
| Sale of Common Stock | (7,421) | 4.9500 | 02/26/2020 |
| Sale of Common Stock | (3,710) | 4.9674 | 02/27/2020 |
| Sale of Common Stock | (29,979) | 5.2711 | 02/28/2020 |
| Sale of Common Stock | (39,835) | 5.3525 | 03/02/2020 |
| Sale of Common Stock | (22,657) | 5.3384 | 03/03/2020 |
| Sale of Common Stock | (43,601) | 3.9652 | 03/09/2020 |
| Sale of Common Stock | (74,207) | 3.9503 | 03/09/2020 |
| Sale of Common Stock | (90,109) | 4.0213 | 03/10/2020 |
| Sale of Common Stock | (200,367) | 3.7593 | 03/10/2020 |
| Sale of Common Stock | (130,856) | 3.4000 | 03/11/2020 |