Rose Bentley - 17 May 2022 Form 4 Insider Report for Qumu Corp (QUMU)

Role
President and CEO, Director
Signature
/s/ Eric Nyberg, Attorney-in-Fact for Rose Bentley
Issuer symbol
QUMU
Transactions as of
17 May 2022
Net transactions value
$0
Form type
4
Filing time
19 May 2022, 09:47:06 UTC
Previous filing
22 Apr 2022
Next filing
31 May 2022
SEC
View on sec.gov

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 +150,000 $0.000000 150,000 17 May 2022 Common Stock 150,000 Direct F1, F2, F3
transaction QUMU Stock Option (Right-to-Buy) Award $0 +50,000 $0.000000 50,000 17 May 2022 Common Stock 50,000 $1.07 Direct 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 vest as to 25% on each of the first four anniversaries of the date of grant.
F3 All shares will be issued within 90 days following the date the restricted stock units vest.
F4 Option vests as to 25% on each of the first four anniversaries of the date of grant.