SEC Form 4 · accession 0000018396-17-000022

CDI CORP · CDI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President, CFO and Interim CEO

Period of report

Mar 9, 2017

Accepted (ET)

Mar 10, 2017 · 3:19 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
Common Stock^F1	Mar 9, 2017	M	400	$0.00	A	28,399	D
Common Stock^F2	Mar 9, 2017	A	26	$7.95	A	28,425	D
Common Stock^F3	Mar 9, 2017	F	145	$7.95	D	28,280	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Time-Vested Deferred Stock (TVDS)^F1,F4	—	Mar 9, 2017	M	400	D	—	Mar 9, 2020	Common Stock	400	1,200	D

F1Upon vesting, each share of TVDS converts into one share of Common Stock.
F2Under the terms of the Time Vested Deferred Stock (TVDS) granted to the Reporting Person, if dividends were paid on Common Stock between the grant date and the vesting date of the TVDS, then upon vesting 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 shares of TVDS owned by the Reporting Person 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 date that the shares of TVDS owned by the Reporting Person vested and was therefore the price used to calculate the number of shares deducted to satisfy tax withholding obligations.
F4The shares of TVDS vest 20% per year on each of the first five anniversaries of the date of grant, which was 3/9/2015.