CDI CORP 4

4 · CDI CORP · Filed Mar 2, 2017

Form 4

Period: 2017-02-28

Senior VP and General Counsel

Transactions

Tax Payment
Common Stock
2017-02-28$9.15/sh−1,077$9,855→ 17,473 total
Exercise/Conversion
Time-Vested Deferred Stock (TVDS)
2017-02-28−2,463→ 0 total
Exp: 2017-02-28→ Common Stock (2,463 underlying)
Award
Common Stock
2017-02-28$9.15/sh+280$2,562→ 18,550 total
Exercise/Conversion
Common Stock
2017-02-28+2,463→ 18,270 total

Footnotes (4)

[F1]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 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.
[F2]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.
[F3]Upon vesting, each share of TVDS converts into one share of Common Stock.
[F4]The shares of TVDS vest on the third anniversary of the date of grant.

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