SEC Form 4 · accession 0001209191-16-108899
ADVISORY BOARD CO · ABCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cormac F Miller
Officer — Chief Product Officer
Period of report
Mar 14, 2016
Accepted (ET)
Mar 16, 2016 · 5:29 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 | Mar 14, 2016 | M | 1,624 | $24.23 | A | 14,570 | D | |
| Common StockF2 | Mar 14, 2016 | S | 1,448 | $28.40 | D | 13,122 | D | |
| Common Stock | Mar 14, 2016 | S | 176 | $29.10 | 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 OptionsF3 | $24.23 | Mar 14, 2016 | M | 1,624 | D | — | Apr 15, 2016 | Common Stock | 1,624 | 1,628 | 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 $27.89 to $28.76. 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 on April 15, 2012 and April 15, 2013.