4//SEC Filing
CDI CORP 4
Accession 0000018396-16-000135
CIK 0000018396operating
Filed
Mar 10, 7:00 PM ET
Accepted
Mar 11, 10:30 AM ET
Size
10.6 KB
Accession
0000018396-16-000135
Insider Transaction Report
Form 4
CDI CORPCDI
Castleman Michael S
Executive Vice President
Transactions
- Award
Common Stock
2016-03-09$5.32/sh+39$207→ 10,578 total - Exercise/Conversion
Time-Vested Deferred Stock (TVDS)
2016-03-09−400→ 1,600 totalExp: 2020-03-09→ Commmon Stock (400 underlying) - Exercise/Conversion
Common Stock
2016-03-09+400→ 10,539 total - Tax Payment
Common Stock
2016-03-09$5.32/sh−173$920→ 10,405 total
Footnotes (4)
- [F1]Upon vesting, each share of TVDS converts into one share of Common Stock.
- [F2]Under the terms of the Time Vested Deferred Stock (TVDS) granted to the Reporting Person, if dividends were paid on Common Stock between the grant date and the vesting date of the TVDS, then upon vesting of the TVDS 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 shares of TVDS owned by the Reporting Person 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 date that the shares of TVDS owned by the Reporting Person vested and was therefore the price used to calculate the number of shares deducted to satisfy tax withholding obligations.
- [F4]The shares of TVDS vest 20% per year on each of the first five anniversaries of the date of grant, which was 3/9/2015.
Documents
Issuer
CDI CORP
CIK 0000018396
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000018396
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 7:00 PM ET
- Accepted
- Mar 11, 10:30 AM ET
- Size
- 10.6 KB