SEC Form 4 · accession 0000018396-17-000024
CDI CORP · CDI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas M Walsh
Officer — Chief Accounting Officer
Period of report
Mar 15, 2017
Accepted (ET)
Mar 17, 2017 · 2:22 pm EDT
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 Stock | Mar 15, 2017 | M | 2,229 | $0.00 | A | 6,004 | D | |
| Common StockF1 | Mar 15, 2017 | F | 876 | $7.35 | D | 5,128 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Time-Vested Deferred Stock (TVDS)F2,F3 | — | Mar 15, 2017 | M | 2,229 | D | — | Mar 15, 2018 | Common Stock | 2,229 | 2,230 | D |
Explanation of responses
- F1This 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.
- F2Upon vesting, each share of TVDS converts into one share of Common Stock.
- F3The shares of TVDS vest 50% per year on each of the first two anniversaries of the date of grant, which was 3/17/16.