Qumu Corp 4
4 · Qumu Corp · Filed May 13, 2016
Insider Transaction Report
Form 4
Qumu CorpQUMU
NETTER DONALD T
Director
Transactions
- Award
Restricted Stock Unit
2016-05-12+20,000→ 20,000 total→ Common Stock (20,000 underlying)
Holdings
- 560,500(indirect: By Partnership)
Common Stock
Footnotes (4)
- [F1]Securities are owned directly by Dolphin Limited Partnership III, L.P. ("Dolphin III"). Mr. Netter, solely by virtue of his position as the Senior Managing Director of Dolphin Holdings Corp. III, the managing member of Dolphin Associates III, LLC, which is the general partner of Dolphin III, may be deemed to beneficially own the securities owned directly by Dolphin III for purposes of Section 16. Mr. Netter expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- [F2]Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock.
- [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 date of the restricted stock unit's first vest.
- [F4]The restricted stock units vest on the first business day prior to the 2017 Annual Meeting of Shareholders, provided the director continues to provide services to the Issuer on that date, subject to certain exceptions.