Daniel R. Fishback - 07 Feb 2023 Form 4 Insider Report for Qumu Corp (QUMU)

Role: Director
Signature: /s/ Eric Nyberg, Attorney-in-Fact for Daniel R. Fishback
Issuer symbol: QUMU
Transactions as of: 07 Feb 2023
Transactions value $: $-112,193
Form type: 4
Filing time: 09 Feb 2023, 15:07:43 UTC
Previous filing: 02 Jun 2022
Next filing: 12 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QUMU	Common Stock	Disposition pursuant to a tender of shares in a change of control transaction	$-112,193	-124,659	-100%	$0.9000	0	07 Feb 2023	By Trust	F1

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

Type	Sym	Class	Transaction	Shares	Change %	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	QUMU	Restricted Stock Units	Disposed to Issuer	-25,000	-100%	08 Feb 2023	Common Stock	25,000	Direct	F2
transaction	QUMU	Restricted Stock Units	Disposed to Issuer	-14,967	-100%	08 Feb 2023	Common Stock	14,967	Direct	F2
transaction	QUMU	Restricted Stock Units	Disposed to Issuer	-17,353	-100%	08 Feb 2023	Common Stock	17,353	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Daniel R. Fishback is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Fishback Family Revocable Trust, of which reporting person is the trustee.
F2	On December 19, 2022, the Issuer entered into an Agreement and Plan of Merger (the "Merger Agreement"), by and among the Issuer, Enghouse Interactive, Inc. and Cosmos Merger Sub, Inc. ("Purchaser"), providing for an offer by Purchaser to purchase all of the outstanding common stock of the Issuer (the "Offer") for $0.90 per share followed by a merger of Purchaser with and into the Issuer (the "Merger"), with the Issuer surviving as a wholly owned subsidiary of Enghouse Interactive, Inc. Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding award of restricted stock, restricted stock units and the earned portion of each performance stock unit award was vested as of immediately before the Effective Time and was canceled and converted into the right to receive an amount in cash, without interest and subject to any required withholding taxes, equal to $0.90 per share, multiplied by the number of shares of Common Stock subject to such award.

Content

Fishback Family Revocable Trust, of which reporting person is the trustee.

On December 19, 2022, the Issuer entered into an Agreement and Plan of Merger (the "Merger Agreement"), by and among the Issuer, Enghouse Interactive, Inc. and Cosmos Merger Sub, Inc. ("Purchaser"), providing for an offer by Purchaser to purchase all of the outstanding common stock of the Issuer (the "Offer") for $0.90 per share followed by a merger of Purchaser with and into the Issuer (the "Merger"), with the Issuer surviving as a wholly owned subsidiary of Enghouse Interactive, Inc. Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding award of restricted stock, restricted stock units and the earned portion of each performance stock unit award was vested as of immediately before the Effective Time and was canceled and converted into the right to receive an amount in cash, without interest and subject to any required withholding taxes, equal to $0.90 per share, multiplied by the number of shares of Common Stock subject to such award.