Qumu Corp 4
4 · Qumu Corp · Filed May 12, 2017
Insider Transaction Report
Form 4
Qumu CorpQUMU
MADISON THOMAS F
Director
Transactions
- Award
Restricted Stock Units
2017-05-11+25,000→ 25,000 total→ Common Stock (25,000 underlying) - Exercise/Conversion
Common Stock
2017-05-10+20,000→ 20,000 total - Gift
Common Stock
2017-05-10−20,000→ 0 total - Gift
Common Stock
2017-05-10+20,000→ 98,060 total(indirect: By Trust) - Exercise/Conversion
Restricted Stock Units
2017-05-10−20,000→ 0 total→ Common Stock (20,000 underlying)
Holdings
- 14,625(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]Shares held by the Thomas F. Madison Revocable Trust.
- [F2]Represents the aggregate number of Qumu shares held in nine trust accounts established for the benefit of Mr. Madison's nine grandchildren and of which Mr. Madison is sole trustee.
- [F3]Each restricted stock unit represents the contingent right to receive one share of Qumu common stock.
- [F4]The restricted stock units vested the first business day prior to the 2017 Annual Meeting of Shareholders provided the director continued to provide services to Qumu on that date, subject to certain exceptions.
- [F5]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.
- [F6]The restricted stock units vest on the first business day prior to the 2018 Annual Meeting of Shareholders, provided the director continues to provide services to Qumu on that date, subject to certain exceptions.