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4//SEC Filing

Stone Christopher Lewis 4

Accession 0001437749-13-000784

CIK 0000882104other

Filed

Jan 27, 7:00 PM ET

Accepted

Jan 28, 7:03 PM ET

Size

5.0 KB

Accession

0001437749-13-000784

Insider Transaction Report

Form 4
Period: 2013-01-24
Stone Christopher Lewis
VP and General Counsel
Transactions
  • Award

    Common Stock

    2013-01-24$6.72/sh+16,458$110,59876,670 total
Footnotes (1)
  • [F1]The shares will vest on December 12, 2014, provided Mr. Stone is continuously employed by the Company through such date. In the event Mr. Stone is terminated by PDLI without cause or resigns for good reason, the shares shall ratably accelerate and vest in proportion to the time lapsed during the vesting period. During the vesting period, Mr. Stone has the right to vote the shares and will receive any dividends and other shareholder distributions paid by PDLI. Such dividends and other distributions shall accumulate with interest and will vest and pay if and when the underlying shares vest.

Issuer

PDL BIOPHARMA, INC.

CIK 0000882104

Entity typeother

Related Parties

1
  • filerCIK 0001453373

Filing Metadata

Form type
4
Filed
Jan 27, 7:00 PM ET
Accepted
Jan 28, 7:03 PM ET
Size
5.0 KB