SEC Form 4 · accession 0001209191-15-054184
ADVISORY BOARD CO · ABCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael T Kirshbaum
Officer — Chief Financial Officer
Period of report
Jun 15, 2015
Accepted (ET)
Jun 17, 2015 · 4:38 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 15, 2015 | M | 5,250 | $9.26 | A | 42,963 | D | |
| Common StockF2 | Jun 15, 2015 | S | 11,191 | $52.06 | D | 31,772 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock OptionsF3 | $9.26 | Jun 15, 2015 | M | 5,250 | D | — | Apr 17, 2016 | Common Stock | 5,250 | 18,750 | 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 $51.87 to $52.49. 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.
- F39,000 of the options to purchase the Company's common stock became exercisable on April 17, 2012 and 15,000 became exercisable on April 17, 2013.