SEC Form 4 · accession 0001209191-15-051886
ADVISORY BOARD CO · ABCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Schwartz
Officer — President
Period of report
Jun 8, 2015
Accepted (ET)
Jun 10, 2015 · 4:36 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 | Jun 8, 2015 | M | 8,000 | $24.23 | A | 23,902 | D | |
| Common StockF2 | Jun 8, 2015 | S | 8,000 | $52.10 | D | 15,902 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF3 | $24.23 | Jun 8, 2015 | M | 8,000 | D | — | Apr 15, 2016 | Common Stock | 8,000 | 3,372 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2These shares were sold in multiple transactions at prices ranging from $52.00 to $52.35. 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.
- F3The options to purchase the Company's common stock became exercisable in two equal annual installments beginning on April 15, 2012