SEC Form 4 · accession 0001209191-16-106312

ADVISORY BOARD CO · ABCO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director

Period of report

Mar 2, 2016

Accepted (ET)

Mar 4, 2016 · 9:32 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001157377

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Stock Options^F1	$28.20	Mar 2, 2016	A	139,900	A	—	Mar 2, 2023	Common Stock	139,900	139,900	D
Common Stock Options^F2	$28.20	Mar 2, 2016	A	152,552	A	—	Mar 2, 2023	Common Stock	152,552	152,552	D

F1One-half of the award will vest on the date that the Company's common stock closes at a price equal to or greater than $35.25 for at least 20 trading days out of 30 consecutive trading days, except that if such performance metric is satisfied prior to the first anniversary of the date of grant, such shares will vest on the first anniversary of the date of grant, and will in each case become exercisable 35 calendar days after vesting; and one-half of the award will vest on the date that the Company's common stock closes at a price equal to or greater than $39.48 at least 20 trading days out of 30 consecutive trading days, except that if such performance metric is satisfied prior to the first anniversary of the date of grant, such shares will vest on the first anniversary of the date of grant, and will in each case become exercisable 35 calendar days after vesting.
F2The options to purchase the Company's common stock become exercisable in four equal annual installments beginning on March 2, 2017.