SEC Form 4 · accession 0001615594-16-000200
Qumu Corp · QUMU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert F Olson
Director
Period of report
May 11, 2016
Accepted (ET)
May 13, 2016 · 3:53 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 StockF1 | May 11, 2016 | M | 8,060 | $0.00 | A | 54,405 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3,F4 | — | May 11, 2016 | M | 8,060 | D | — | — | Common Stock | 8,060 | 0 | D |
| Restricted Stock UnitsF2,F5,F4 | — | May 12, 2016 | A | 20,000 | A | — | — | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Includes 20,000 shares held by the Robert F. Olson Revocable Trust of which reporting person and his spouse are trustees.
- F2Each restricted stock unit represents the contingent right to receive one share of Qumu common stock.
- F3The restricted stock units vested the first business day prior to the 2016 Annual Meeting of the Shareholders provided the director continued to provide services to Qumu on that date, subject to certain exceptions.
- F4The 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.
- F5The 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.