Schuelke Achim 4
4 · ERESEARCHTECHNOLOGY INC /DE/ · Filed Mar 7, 2012
Insider Transaction Report
Form 4
Schuelke Achim
Executive Vice President
Transactions
- Tax Payment
Common Stock, $.01 par value
2012-03-05$6.08/sh−1,620$9,850→ 27,536 total
Holdings
- 30,123
Option (Right to Buy)
Exercise: $6.49Exp: 2019-02-28→ Common Stock, $.01 par value (30,123 underlying) - 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 (2)
- [F1]Options become exercisable in four equal annual installments beginning one year after date of grant and are fully exercisable three years prior to expiration.
- [F2]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.