SEC Form 4 · accession 0000919574-17-007575
Qumu Corp · QUMU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Raymond J Harbert
10% Owner
HARBERT MANAGEMENT CORP
10% Owner
HARBERT FUND ADVISORS, INC.
10% Owner
Harbert Discovery Fund, LP
10% Owner
John F. Bryant
10% Owner
Kenan Lucas
10% Owner
HARBERT DISCOVERY FUND GP, LLC
10% Owner
Period of report
Nov 1, 2017
Accepted (ET)
Nov 3, 2017 · 5:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000892482
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par valueF1,F2 | Nov 1, 2017 | P | 51,618 | $2.4591 | A | 991,788 | D | |
| Common Stock, $0.01 par valueF3,F2 | Nov 2, 2017 | P | 67,172 | $2.4498 | A | 1,058,960 | D | |
| Common Stock, $0.01 par valueF4,F2 | Nov 3, 2017 | P | 37,919 | $2.3925 | A | 1,096,879 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $2.39 to $2.50 per share, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price.
- F2The securities are held in the account of Harbert Discovery Fund, LP (the "Fund") and may be deemed to be beneficially owned by (i) Harbert Discovery Fund GP, LLC (the "Fund GP"), the general partner of the Fund, (ii) Harbert Fund Advisors, Inc., the investment adviser to the Fund, (iii) Harbert Management Corporation ("HMC"), the managing member of the Fund GP, (iv) Jack Bryant, a director and co-portfolio manager of the Fund GP, (v) Kenan Lucas, a director and co-portfolio manager of the Fund GP and (vi) Raymond Harbert, the controlling shareholder, Chairman and Chief Executive Officer of HMC.
- F3The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $2.44 to $2.45 per share, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price.
- F4The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $2.35 to $2.40 per share, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price.
Remarks
Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.