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:
Completion of Acquisition or Disposition of - Sept. 21, 2017
PDL BioPharma's President just picked up 240,200 shares - Sept. 13, 2017
PDL BioPharma's President just declared 0 ownership of the company. - Sept. 13, 2017
Securities to be offered to employees in employee benefit plans - Sept. 12, 2017
Current report, items 7.01 and 9.01 - Sept. 11, 2017