Rose Bentley - Mar 22, 2022 Form 4 Insider Report for Qumu Corp (QUMU)

Role: President and CEO, Director
Signature: /s/ Eric Nyberg, Attorney-in-Fact for Rose Bentley
Stock symbol: QUMU
Transactions as of: Mar 22, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/22/2022, 04:04 PM
Previous filing: Feb 28, 2022
Next filing: May 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QUMU	Common Stock	Options Exercise	$0	+10K	+149.34%	$0.00	16.7K	Mar 22, 2022	Direct
transaction	QUMU	Common Stock	Tax liability	$0	-3.46K	-20.72%	$0.00	13.2K	Mar 22, 2022	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	Options Exercise	$0	-10K	-25%	$0.00	30K	Mar 22, 2022	Common Stock	10K		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 as to 25% on March 22 for each of the four year following the date of grant.
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.