VP of PDL BioPharma just picked up 214,372 shares

Christopher Lewis Stone, VP of PDL BioPharma, recently acquired 214,372 shares of the company. The buys took place at $2.04 per share, on March 04, 2017. Stone now owns 448,746 shares of the company. Stone operates out of Incline Village, NV. Some additional info was provided as follows:

The restricted stock will vest, provided that the officer remains employed by the Company and certain performance goals are achieved, based upon the following schedule: 50% on December 2018; 16.66% on December 2019; 16.66% on December 2020; and 16.66% on December 2021.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Departure of Directors or Certain - June 14, 2018
PDL BioPharma director just picked up 54,348 shares - June 12, 2018
PDL BioPharma director just picked up 54,348 shares - June 12, 2018
PDL BioPharma's CEO was just granted 1,922,100 options - June 12, 2018
PDL BioPharma director just picked up 54,348 shares - June 12, 2018

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