SEC Form 4 · accession 0000018396-15-000016
CDI CORP · CDI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian D. Short
Officer — Sr. VP, CAO & General Counsel
Period of report
Mar 1, 2015
Accepted (ET)
Mar 3, 2015 · 4:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000018396
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 1, 2015 | M | 2,520 | — | A | 13,894 | D | |
| Commmon StockF2 | Mar 1, 2015 | A | 213 | $18.40 | A | 14,107 | D | |
| Common StockF3 | Mar 1, 2015 | F | 880 | $18.40 | D | 13,227 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Purchase Plan (SPP) unitsF1 | — | Mar 1, 2015 | M | 2,520 | D | Mar 1, 2015 | Mar 1, 2015 | Common Stock | 2,520 | 0 | D |
Explanation of responses
- F1Upon vesting, each SPP unit converts into one share of Common Stock.
- F2Under the terms of the SPP units granted to the Reporting Person, if dividends were paid on Common Stock between the grant date and the vesting date of the SPP units, then upon vesting of the SPP units the Reporting Person is entitled to receive additional shares of Common Stock equal to the aggregate value of the dividends relating to those shares. The price set forth in this column represents the market price of Common Stock on the date that the SPP units vested and therefore the date that additional shares of Common Stock relating to dividends were earned.
- F3This is the market price of Common Stock on the day that the SPP units owned by the Reporting Person vested and therefore the price used to calculate the number of shares deducted to satisfy tax withholding obligations.