SEC Form 4 · accession 0001209191-15-035086
ADVISORY BOARD CO · ABCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cormac F Miller
Officer — Executive Vice President
Period of report
Apr 14, 2015
Accepted (ET)
Apr 17, 2015 · 5:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001157377
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 14, 2015 | M | 269 | $0.00 | A | 1,912 | I | By Spouse |
| Common Stock | Apr 14, 2015 | F | 87 | $52.66 | D | 1,825 | I | By Spouse |
| Common Stock | Apr 15, 2015 | M | 620 | $0.00 | A | 2,445 | I | By Spouse |
| Common Stock | Apr 15, 2015 | F | 200 | $54.00 | D | 2,245 | I | By Spouse |
| Common Stock | Apr 15, 2015 | M | 2,786 | $0.00 | A | 10,362 | D | |
| Common Stock | Apr 15, 2015 | F | 927 | $54.00 | D | 9,435 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Apr 14, 2015 | M | 269 | D | — | — | Common Stock | 269 | 807 | I |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock.
- F2The RSUs vest in four equal installments on April 14, 2015; March 14, 2016; March 14, 2017; and March 14, 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.