SEC Form 4 · accession 0000018396-17-000075
CDI CORP · CDI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph L Carlini
Director
Period of report
Sep 12, 2017
Accepted (ET)
Sep 14, 2017 · 3:43 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 | Sep 12, 2017 | U | 8,322 | $8.25 | D | 0 | D | |
| Common StockF1 | Sep 12, 2017 | M | 7,788 | $0.00 | A | 7,788 | D | |
| Common StockF2 | Sep 12, 2017 | A | 368 | $8.25 | A | 8,156 | D | |
| Common StockF1 | Sep 12, 2017 | M | 10,000 | $0.00 | A | 18,156 | D | |
| Common StockF1 | Sep 12, 2017 | M | 10,000 | $0.00 | A | 28,156 | D | |
| Common Stock | Sep 13, 2017 | D | 28,156 | $8.25 | D | 0 | 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)F1 | — | Sep 13, 2017 | M | 7,788 | D | May 19, 2018 | May 19, 2018 | Common Stock | 7,788 | 0 | D |
| Time-Vested Deferred Stock (TVDS)F1 | — | Sep 12, 2017 | M | 10,000 | D | May 17, 2019 | May 17, 2019 | Common Stock | 10,000 | 0 | D |
| Time-Vested Deferred Stock (TVDS)F1 | — | Sep 12, 2017 | M | 10,000 | D | May 16, 2020 | May 16, 2020 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- 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 under the TVDS 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 value 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.