Kerr David E 4
4 · PDI INC · Filed Mar 7, 2011
Insider Transaction Report
Form 4
PDI INCPDII
Kerr David E
Senior VP Business Development
Transactions
- Award
Common Stock
2011-03-03$8.44/sh+17,773$150,004→ 28,771 total
Holdings
- 10,998
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]Includes 8,946 restricted stock units that vest on March 1, 2013 and 1,518 shares of restricted stock that vest one-half on each of 12/21/11 and 12/21/12.
- [F2]Restricted stock that vests on March 3, 2014.
- [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 are one-third currently vested and vest one-third on each of 3/1/12 and 3/1/13.