Neil E. Cox - May 6, 2021 Form 4 Insider Report for Qumu Corp (QUMU)

Role
Director
Signature
/s/ Eric Nyberg, Attorney-in-Fact for Neil E. Cox
Stock symbol
QUMU
Transactions as of
May 6, 2021
Transactions value $
$14,967
Form type
4
Date filed
5/7/2021, 06:53 PM
Next filing
Aug 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding QUMU Common Stock 39K May 6, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QUMU Restricted Stock Units Award $15K 15K May 6, 2021 Common Stock 15K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the contingent right to receive one share of Qumu common stock.
F2 The restricted stock units vest on the first business day prior to the 2022 Annual Meeting of Shareholders, provided the director continues to provide services to Qumu on that date, subject to certain exceptions.
F3 The reporting person has elected not to defer the delivery of any shares in this grant. All shares not deferred will be paid within 90 days following the date of the restricted stock unit's first vest.