Filing Details
- Accession Number:
- 0001209191-17-026765
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-04-12 21:33:22
- Reporting Period:
- 2017-04-10
- Filing Date:
- 2017-04-12
- Accepted Time:
- 2017-04-12 21:33:22
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1157377 | Advisory Board Co | ABCO | Services-Management Services (8741) | 521468699 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1390194 | W Robert Musslewhite | 2445 M Street, Nw Washington DC 20037 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2017-04-10 | 7,276 | $0.00 | 262,587 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-04-10 | 2,576 | $47.50 | 260,011 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2017-04-10 | 37,708 | $43.83 | 297,719 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-04-10 | 35,853 | $47.50 | 261,866 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2017-04-10 | 11,000 | $16.58 | 272,866 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-04-10 | 9,420 | $47.44 | 263,446 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2017-04-10 | 1,580 | $47.70 | 261,866 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2017-04-11 | 6,848 | $0.00 | 268,714 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-04-11 | 2,425 | $47.50 | 266,289 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2017-04-10 | 7,276 | $0.00 | 7,276 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2017-04-11 | 6,848 | $0.00 | 6,848 | $0.00 |
| Common Stock | Common Stock Options | Disposition | 2017-04-10 | 37,708 | $0.00 | 37,708 | $43.83 |
| Common Stock | Common Stock Options | Disposition | 2017-04-10 | 11,000 | $0.00 | 11,000 | $16.58 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 14,552 | No | 4 | M | Direct | ||
| 6,848 | No | 4 | M | Direct | ||
| 0 | 2017-04-17 | No | 4 | M | Direct | |
| 0 | 2017-04-27 | No | 4 | M | Direct |
Footnotes
- Represents a "net exercise" of outstanding stock options. These shares were withheld by the Company for payment of the exercise price and applicable taxes, based on the market price of the Company's common stock at the time of the option exercise on April 10, 2017 of $47.50
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- These shares were sold in multiple transactions at prices ranging from $46.65 to $47.60. The price reported in Column 4 reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range at which the transaction was effected.
- These shares were sold in multiple transactions at prices ranging from $47.65 to $47.80. The price reported in Column 4 reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range at which the transaction was effected.
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock.
- The RSUs vest in four equal installments on May 10, 2016; April 10, 2017; April 10, 2018; and April 10, 2019, unless deferred. Upon vesting, each RSU is settled by the delivery of the underlying shares of common stock or payment of the current cash value of the vested shares, at the discretion of the Company.
- The RSUs vest in four equal installments on May 11, 2015; April 11, 2016; April 11, 2017; and April 11, 2018, unless deferred. Upon vesting, each RSU is settled by the delivery of the underlying shares of common stock or payment of the current cash value of the vested shares, at the discretion of the Company.
- The options to purchase the Company's common stock became exercisable in two equal annual installments beginning on April 17, 2013.
- The options to purchase the Company's common stock became exercisable in in two equal annual installments beginning April 27, 2013.
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