Qumu Corp 4
4 · Qumu Corp · Filed May 13, 2015
Insider Transaction Report
Form 4
Qumu CorpQUMU
Orlando Justin A.
Director
Transactions
- Exercise/Conversion
Common Stock
2015-05-11+5,000→ 10,000 total - Award
Restricted Stock Units
2015-05-12+8,060→ 8,060 total→ Common Stock (8,060 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents the contingent right to receive one share of Qumu common stock.
- [F2]The restricted stock units vest on the first business day prior to the 2016 Annual Meeting of Shareholders provided the director continues to provide service to Qumu on that date, subject to certain exceptions.
- [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 unit's first vest.