COX NEIL E 4
4 · Qumu Corp · Filed Feb 9, 2023
Insider Transaction Report
Form 4
Qumu CorpQUMU
COX NEIL E
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2023-02-08−50,000→ 0 total→ Common Stock (50,000 underlying) - Disposition to Issuer
Restricted Stock Units
2023-02-08−17,353→ 0 total→ Common Stock (17,353 underlying) - Disposition from Tender
Common Stock
2023-02-07$0.90/sh−78,967$71,070→ 0 total - Disposition to Issuer
Restricted Stock Units
2023-02-08−25,000→ 0 total→ Common Stock (25,000 underlying) - Disposition to Issuer
Restricted Stock Units
2023-02-08−18,099→ 0 total→ Common Stock (18,099 underlying)
Footnotes (1)
- [F1]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.