PITLER DAVID 4
4 · BIOCLINICA INC · Filed Feb 14, 2011
Insider Transaction Report
Form 4
BIOCLINICA INCBIOC
PITLER DAVID
Sr. V.P., Operations
Transactions
- Tax Payment
Common Stock
2011-02-11$4.42/sh−1,000$4,420→ 48,800 total - Disposition to Issuer
Restricted Stock Units
2011-02-11−2,500→ 30,000 total→ Common Stock (2,500 underlying) - Award
Common Stock
2011-02-11$4.42/sh+2,500$11,050→ 49,800 total
Footnotes (4)
- [F1]These shares are awarded to the reporting person pursuant to satisfying the vesting requirements of the Restricted Stock Unit Grant dated February 11, 2010. (One-sixteenth of the RSU Award will vest on each three-month anniversary of the Award Date upon Participant's continuation of service through each such vesting date.)
- [F2]These shares were withheld to cover the withholding taxes associated with the issuance of the shares to the reporting person.
- [F3]Each restricted stock unit represents a contingent right to receive one share of common stock of BioClinica, Inc. (the "Company"), par value $0.00025.
- [F4]Represents the grant of 40,000 restricted stock units, granted pursuant to the Company's 2002 Stock Incentive Plan, as amended and restated. One-sixteenth of the RSU Award will vest on each three-month anniversary of the Award Date upon Participant's continuation of service through each such vesting date. The shares of Common Stock underlying the RSU Award will be issued on the vesting date or as soon as administratively practicable thereafter.