BERG JEFFREY H 4
4 · BIOCLINICA INC · Filed May 13, 2011
Insider Transaction Report
Form 4
BIOCLINICA INCBIOC
BERG JEFFREY H
Director
Transactions
- Award
Restricted Stock Units
2011-05-11+10,000→ 42,500 total→ Common Stock (10,000 underlying)
Footnotes (3)
- [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 automatic grant of 10,000 restricted stock units, granted pursuant to the Company's 2010 Stock Incentive Plan upon election to the Board of Directors at the Annual Meeting of Stockholders on May 11, 2011, determined by using the closing price on May 11, 2011. The restricted stock units shall vest as follows: 10,000 units shall vest in one-twelfth (1/12) increments monthly until May 11, 2012; provided, however, that the shares underlying the restricted stock units shall not be issued to the directors until the director's cessation of service on the Board of Directors.
- [F3]Represents only those shares underlying the restricted stock units. The director may beneficially own BIOC securities not required to be recorded herein.