Schuelke Achim 4
4 · ERESEARCHTECHNOLOGY INC /DE/ · Filed Mar 1, 2012
Insider Transaction Report
Form 4
Schuelke Achim
Executive Vice President
Transactions
- Award
Option (Right to Buy)
2012-02-28$6.49/sh+30,123$195,498→ 30,123 totalExercise: $6.49Exp: 2019-02-28→ Common Stock, $.01 par value (30,123 underlying) - Award
Common Stock, $.01 par value
2012-02-28+14,760→ 29,156 total
Holdings
- 50,097
Option (Right to Buy)
Exercise: $6.46Exp: 2018-03-02→ Common Stock, $.01 par value (50,097 underlying) - 75,000
Option (Right to Buy)
Exercise: $7.94Exp: 2017-05-28→ Common Stock, $.01 par value (75,000 underlying)
Footnotes (3)
- [F1]Represents a restricted stock grant that vests in four equal annual installments beginning one year after date of grant.
- [F2]Options become exercisable in four equal annual installments beginning one year after date of grant and are fully exercisable three years prior to expiration.
- [F3]Options become exercisable in four equal installments beginning one year after the date of grant and are fully exercisable three years prior to expiration, provided, however, if certain performance goals are met as of May 28, 2012, then 9,375 of the options scheduled to vest on May 28, 2013 shall immediately vest and be fully exercisable on May 28, 2012.