SEC Form 4 · accession 0001209191-15-080609
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
Oct 14, 2015
Accepted (ET)
Nov 17, 2015 · 4:35 pm EST
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 | Oct 14, 2015 | M | 1,624 | $24.23 | A | 14,570 | D | |
| Common StockF2 | Oct 14, 2015 | S | 900 | $43.89 | D | 13,670 | D | |
| Common StockF3 | Oct 14, 2015 | S | 724 | $44.89 | D | 12,946 | D | |
| Common Stock | Nov 13, 2015 | M | 1,624 | $24.23 | A | 14,570 | D | |
| Common StockF4 | Nov 13, 2015 | S | 1,624 | $52.29 | D | 12,946 | D | |
| Common Stock | holding | — | — | — | 2,667 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock OptionsF5 | $24.23 | Oct 14, 2015 | M | 1,624 | D | — | Apr 15, 2016 | Common Stock | 1,624 | 9,748 | D |
| Common Stock OptionsF5 | $24.23 | Nov 13, 2015 | M | 1,624 | D | — | Apr 15, 2016 | Common Stock | 1,624 | 8,124 | 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 $43.57 to $44.18. 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.
- F3These shares were sold in multiple transactions at prices ranging from $44.63 to $45.45. 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.
- F4These shares were sold in multiple transactions at prices ranging from $51.95 to $52.67. 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.
- F5The options to purchase the Company's common stock became exercisable in two equal annual installments on April 15, 2012 and April 15, 2013