Kerr David E 4
4 · PDI INC · Filed Dec 23, 2010
Insider Transaction Report
Form 4
PDI INCPDII
Kerr David E
Senior VP Business Development
Transactions
- Award
Common Stock
2010-12-21$10.98/sh+2,277$25,001→ 11,223 total
Holdings
- 8,946
Common Stock
- 25,000
Stock Appreciation Rights
Exercise: $3.32Exp: 2016-06-03→ Common Stock (25,000 underlying) - 43,072
Stock Appreciation Rights
Exercise: $5.03Exp: 2015-03-01→ Common Stock (18,072 underlying)
Footnotes (4)
- [F1]Restricted stock units that vest on March 1, 2013.
- [F2]Restricted stock that vests one-third on the date of grant and one-third on each of 12/21/11 and 12/21/12.
- [F3]Performance contingent stock appreciation rights ("SARs") of which 12,500 are currently vested. The remaining 12,500 vest one-half on each of 6/3/11 and 6/3/12. The SARs are only exercisable if the performance conditions are met.
- [F4]Stock appreciation rights that vest one-third on each of 3/1/11, 3/1/12, and 3/1/13.