Filing Details
- Accession Number:
- 0001179702-11-000009
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-03-03 19:58:20
- Reporting Period:
- 2011-03-01
- Filing Date:
- 2011-03-03
- Accepted Time:
- 2011-03-03 19:58:20
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
18396 | Cdi Corp | CDI | Services-Help Supply Services (7363) | 232394430 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1179702 | Paulett Eberhart | C/O Cdi Corp. 1717 Arch St., 35Th Floor Philadelphia PA 19103-2768 | President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2011-03-01 | 19,000 | $14.95 | 35,000 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Time-Vested Deferred Stock | Acquisiton | 2011-03-01 | 14,000 | $0.00 | 14,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
14,000 | 2016-03-01 | No | 4 | A | Direct |
Footnotes
- Paulett Eberhart purchased the shares of CDI Common Stock reported in Table I of this Form 4 pursuant to the Employment Agreement dated January 10, 2011 which she signed when she joined the Issuer as its President and Chief Executive Officer. Under her Employment Agreement, Ms. Eberhart must purchase at market prices $500,000 of CDI Common Stock within a specified 20-day period (a requirement she has now satisfied), and for each share of CDI Common Stock that she purchases during this period, the Issuer will grant her 0.4 shares of Time-Vested Deferred Stock ("TVDS"). The shares of TVDS will vest at the rate of 20% per year on each of the first five anniversaries of the date of grant (03/01/2011), but would be forfeited if the executive resigns or is terminated for cause prior to vesting.
- Each share of TVDS represents a contingent right to receive one share of CDI Common Stock.