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

Role: Director
Signature: /s/ Eric Nyberg, Attorney-in-Fact for Mary E. Chowning
Stock symbol: QUMU
Transactions as of: May 6, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/7/2021, 06:54 PM
Next filing: May 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	QUMU	Common Stock						40K	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	$0	+15K		$0.00	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.