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CUSIP No. |
Schedule 13G | Page | 2 |
of | 7 |
Pages |
| 1. | NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Portfolio Logic, LLC 32-0092779 |
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| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
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| (a) o | |||||
| (b) þ | |||||
| 3. | SEC USE ONLY | ||||
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
| Delaware USA | |||||
| 5. | SOLE VOTING POWER | ||||
| NUMBER OF | 0 | ||||
| SHARES | 6. | SHARED VOTING POWER | |||
| BENEFICIALLY | |||||
| OWNED BY | 0 | ||||
| EACH | 7. | SOLE DISPOSITIVE POWER | |||
| REPORTING | |||||
| PERSON | 0 | ||||
| WITH: | 8. | SHARED DISPOSITIVE POWER | |||
| 0 | |||||
| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
| 0 | |||||
| 10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions): | ||||
| o | |||||
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | ||||
| 0% | |||||
| 12. | TYPE OF REPORTING PERSON (See Instructions) | ||||
| OO | |||||
CUSIP No. |
Schedule 13G | Page | 3 |
of | 7 |
Pages |
| 1. | NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Jeffrey D Zients |
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| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
||||
| (a) o | |||||
| (b) þ | |||||
| 3. | SEC USE ONLY | ||||
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
| USA | |||||
| 5. | SOLE VOTING POWER | ||||
| NUMBER OF | 0 | ||||
| SHARES | 6. | SHARED VOTING POWER | |||
| BENEFICIALLY | |||||
| OWNED BY | 0 | ||||
| EACH | 7. | SOLE DISPOSITIVE POWER | |||
| REPORTING | |||||
| PERSON | 0 | ||||
| WITH: | 8. | SHARED DISPOSITIVE POWER | |||
| 0 | |||||
| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
| 0 | |||||
| 10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions): | ||||
| o | |||||
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | ||||
| 0% | |||||
| 12. | TYPE OF REPORTING PERSON (See Instructions) | ||||
| IN | |||||
CUSIP No. |
Schedule 13G | Page | 4 |
of | 1 |
Pages |
| Item 1(a). | Name of Issuer |
| PDI, Inc. |
| Item 1(b). | Address of Issuers Principal Executive Offices |
| Saddle River Executive Centre | |||
| 1 Route 17 South | |||
| Saddle River, NJ 07458 |
| Item 2(a). | Name of Person Filing |
| (1) Portfolio Logic LLC | |||
| (2) Jeffrey D. Zients |
| Item 2(b). | Address of Principal Business Office, or, if none, Residence |
| (1) 600 New Hampshire Avenue, NW |
| 9th floor | |||
| Washington, DC 20037 |
| (2) 600 New Hampshire Avenue, NW |
| 9th Floor | |||
| Washington, DC 20037 |
| Item 2(c). | Citizenship |
| (1) Delaware USA | |||
| (2) USA |
| Item 2(d). | Title of Class of Securities |
| Common Stock |
| Item 2(e). | CUSIP Number |
| 69329V100 |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
| (a) o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
| (b) o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
| (c) o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
| (d) o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); |
| (e) o An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
| (f) o An employee benefit plan or endowment fund in accordance with §240.13d- |
CUSIP No. |
Schedule 13G | Page | 5 |
of | 7 |
Pages |
| 1(b)(1)(ii)(F); | ||
| (g) o A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); | ||
| (h) o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | ||
| (i) o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | ||
| (j) o Group, in accordance with §240.13d-1(b)(1)(ii)(J). |
| Item 4. | Ownership |
| (a) | Amount Beneficially Owned: 0 | ||
| (b) | Percent of class: 0%. | ||
| (c) | Number of shares as to which such person has: |
| (i) | Sole power to vote or to direct the vote: 0. | ||
| (ii) | Shared power to vote or to direct the vote: 0. | ||
| (iii) | Sole power to dispose or to direct the disposition of: 0. | ||
| (iv) | Shared power to dispose or to direct the disposition of: 0. |
| Item 5. | Ownership of Five Percent or Less of a Class | |
| If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: þ | ||
| Item 6. | Ownership of More Than Five Percent on Behalf of Another Person | |
| Not Applicable | ||
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company | |
| Not Applicable | ||
| Item 8. | Identification and Classification of Members of the Group | |
| Not Applicable | ||
| Item 9. | Notice of Dissolution of Group | |
| Not Applicable |
CUSIP No. |
Schedule 13G | Page | 6 |
of | 7 |
Pages |
| Item 10. | Certification | |
| By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. |
CUSIP No. |
Schedule 13G | Page | 7 |
of | 7 |
Pages |
| PORTFOLIO LOGIC LLC | ||||
By:
|
/s/ Jeffrey D. Zients | |||
| Jeffrey D. Zients | ||||
| Managing Member | ||||
| JEFFREY D. ZIENTS | ||||
By:
|
/s/ Jeffrey D. Zients | |||
| Jeffrey D. Zients | ||||