UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Appreciation Rights | (2) | 02/27/2013 | Common Stock | 9,101 | $ 7.73 | D | |
Stock Appreciation Rights | (3) | 02/19/2014 | Common Stock | 15,820 | $ 5.89 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Tilles Peter C/O PDI, INC. SADDLE RIVER EXEC CENTRE, 1 ROUTE 17 SOUTH SADDLE RIVER, NJ 07458 |
President, TVG |
Peter Tilles | 04/20/2009 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Consists of 3,450 restricted shares of common stock that vest one-half on each of February 27, 2010 and February 27, 2011 and 6,791 restricted stock units that vest on February 19, 2012. |
(2) | One-third is currently exercisable and one-third will become exercisable on each of February 27, 2010 and February 27, 2011. |
(3) | One-third will become exercisable on each of February 19, 2010, February 19, 2011 and February 19, 2012. |