U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
|_| Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Cotugno, Steven
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(Last) (First) (Middle)
c/o Professional Detailing, Inc.
10 Mountainview Road
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(Street)
Upper Saddle River New Jersey 07458
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Professional Detailing, Inc. Nasdaq National Market: "PDII"
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Year
November 2000
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
|_| Director |_| 10% Owner
|X| Officer (give title below) |_| Other (specify below)
Executive Vice President
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7. Individual or Joint/Group Filing (Check Applicable Line)
|_| Form filed by one Reporting Person
|_| Form filed by more than one Reporting Person
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* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
<PAGE>
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ---------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock, par value
$.01 per share 11-07-00 M 13,330 A $ 16.00
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Common Stock, par value
$.01 per share 11-07-00 M 5,000 A $ 27.1875
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Common Stock, par value
$.01 per share 11-07-00 S 18,330 D $110.24 851 D
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
Page 1 of 2
<PAGE>
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
9. 10.
Number Owner-
of ship
2. Deriv- Form of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
of Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Options to acquire $16.00 11-07-00 M 13,330 *1 May 19, Common 13,330
common stock, par 2008 Stock
value $.01 per
share
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Options to acquire $27.1875 11-07-00 M 5,000 *2 October Common 5,000
common stock, par 28, 2009 Stock
value $.01 per
share
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Options to acquire $16.00 *1 May 19, Common 6,670 D
common stock, par 2008 Stock
value $.01 per
share
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Options to acquire $27.1875 *2 October Common 10,000 16,670 D
common stock, par 28, 2009 Stock
value $.01 per
share
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</TABLE>
Explanation of Responses: *1: The employee stock option, with a right to buy,
granted on 05/19/98 in the amount of 20,000 shares is currently exercisable with
respect to 13,334 shares, and the remaining 6,666 shares shall be exercisable on
05/19/01; and *2: The employee stock option, with a right to buy, granted on
10/28/99 in the amount of 15,000 shares is currently exercisable with respect to
5,000 shares, and the remaining 10,000 shares shall be exercisable as follows:
5,000 on each of 10/28/01 and 10/28/02.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ Stephen Cotugno 12/04/00
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** Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, see Instruction 6 for procedure.
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