PITLER DAVID 4
4 · BIOCLINICA INC · Filed Feb 22, 2011
Insider Transaction Report
Form 4
BIOCLINICA INCBIOC
PITLER DAVID
Sr. V.P., Operations
Transactions
- Award
Restricted Stock Units
2011-02-18+40,000→ 70,000 total→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of BioClinica, Inc. (the "Company"), par value $0.00025.
- [F2]Represents the grant of 40,000 restricted stock units, granted pursuant to the Company's 2010 Stock Incentive Plan. One-sixteenth of the RSU Award will vest on May 11, 2011, and the remaining fifteen-sixteenths of the RSU Award will vest one-sixteenth every three months following May 11, 2011, such vesting conditioned upon the Reporting Person's continuation of service with the Company 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.