Mary E. Chowning - Jun 1, 2022 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
Jun 1, 2022
Transactions value $
$0
Form type
4
Date filed
6/2/2022, 05:42 PM
Previous filing
May 18, 2022
Next filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QUMU Common Stock Options Exercise $0 +15K +33.26% $0.00 60K Jun 1, 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 -15K -100% $0.00* 0 Jun 1, 2022 Common Stock 15K Direct F1, F2, F3
transaction QUMU Restricted Stock Units Award $0 +25K $0.00 25K Jun 2, 2022 Common Stock 25K Direct F1, F3, F4
* 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 vested on the first business day prior to the 2022 Annual Meeting of the Shareholders.
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 vesting of the restricted stock units.
F4 The restricted stock units vest on the first business day prior to the 2023 Annual Meeting of Shareholders, provided the director continues to provide services to Qumu on that date, subject to certain exceptions.