CDI CORP 4
4 · CDI CORP · Filed Mar 3, 2015
Insider Transaction Report
Form 4
CDI CORPCDI
Short Brian D.
Senior VP and General Counsel
Transactions
- Award
Commmon Stock
2015-03-01$18.40/sh+213$3,919→ 14,107 total - Tax Payment
Common Stock
2015-03-01$18.40/sh−880$16,192→ 13,227 total - Exercise/Conversion
Stock Purchase Plan (SPP) units
2015-03-01$15.38/sh−2,520$38,758→ 0 totalFrom: 2015-03-01Exp: 2015-03-01→ Common Stock (2,520 underlying) - Exercise/Conversion
Common Stock
2015-03-01+2,520→ 13,894 total
Footnotes (3)
- [F1]Upon vesting, each SPP unit converts into one share of Common Stock.
- [F2]Under the terms of the SPP units granted to the Reporting Person, if dividends were paid on Common Stock between the grant date and the vesting date of the SPP units, then upon vesting of the SPP units the Reporting Person is entitled to receive additional shares of Common Stock equal to the aggregate value of the dividends relating to those shares. The price set forth in this column represents the market price of Common Stock on the date that the SPP units vested and therefore the date that additional shares of Common Stock relating to dividends were earned.
- [F3]This is the market price of Common Stock on the day that the SPP units owned by the Reporting Person vested and therefore the price used to calculate the number of shares deducted to satisfy tax withholding obligations.