The reporting person acquired restricted stock units (RSUs) under the Company's Non-Employee Director Deferred Compensation Plan with money deferred by the reporting person for services earned as a director. Each RSU is the economic equivalent of one share of common stock. The RSUs are convertible into common stock of the Company on a one-for-one basis upon distribution from the Plan upon termination of service as a direc
tor. The decision to acquire RSUs is irrevocable.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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Other recent filings from the company include the following:
Computer Task Group Just Filed Its Quarterly Report: Weighted-average sha... - Oct. 22, 2014
Computer Task: Ctg Reports 2014 Third Quarter Results - Oct. 21, 2014
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Computer Task Group's Senior Vice President just picked up 252 shares - Oct. 2, 2014