Smith Jeffrey Edward 4
4 · PDI INC · Filed Dec 2, 2008
Insider Transaction Report
Form 4
PDI INCPDII
Transactions
- Purchase
Common Stock
2008-12-02$4.00/sh+50,000$200,000→ 111,597 total
Holdings
- 57,495
Stock Appreciation Rights
Exercise: $7.73Exp: 2013-02-27→ Common Stock (22,753 underlying) - 34,742
Stock Appreciation Rights
Exercise: $9.52Exp: 2012-03-30→ Common Stock (19,080 underlying) - 15,662
Stock Appreciation Rights
Exercise: $13.47Exp: 2011-05-15→ Common Stock (15,662 underlying) - 61,597
Common Stock
Footnotes (5)
- [F1]Includes 11,817 restricted stock units that vest two-thirds on March 30, 2009 and one-third on March 30, 2010. Includes 12,937 restricted stock units that vest one-third on each of 2/27/09, 2/27/10, and 2/27/11.
- [F2]Consists of 49,800 shares purchased at $4.00 per share and 200 shares purchased at $3.89 per share.
- [F3]Two-thirds of the stock-appreciation rights are currently exercisable. One third will become exercisable on 5/15/09.
- [F4]One-third of the stock-appreciation rights are currently exercisable and one-third will become exercisable on each of 3/30/09 and 3/30/10.
- [F5]One-third of the stock-appreciation rights will become exercisable on each of 2/27/09, 2/27/10, and 2/27/11.