Qumu Corp 4
4 · Qumu Corp · Filed May 13, 2016
Insider Transaction Report
Form 4
Qumu CorpQUMU
Orlando Justin A.
Director
Transactions
- Exercise/Conversion
Common Stock
2016-05-11+8,060→ 18,060 total - Exercise/Conversion
Restricted Stock Units
2016-05-11−8,060→ 0 total→ Common Stock (8,060 underlying) - Award
Restricted Stock Units
2016-05-12+20,000→ 20,000 total→ Common Stock (20,000 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents the contingent right to receive one share of Qumu common stock.
- [F2]The restricted stock units vested the first business day prior to the 2016 Annual Meeting of Shareholders provided the director continued to provide services 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 stock unit's first vest.
- [F4]The restricted stock units vest on the first business day prior to the 2017 Annual Meeting of the Shareholders provided the director continues to provide services to Qumu on that date, subject to certain exceptions.