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
  1. 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.
  2. Each share of TVDS represents a contingent right to receive one share of CDI Common Stock.