SEC Form 4 · accession 0001209191-16-152256
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
Nov 23, 2016
Accepted (ET)
Nov 29, 2016 · 10:25 am 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 | Nov 23, 2016 | M | 750 | $16.58 | A | 18,237 | D | |
| Common StockF2 | Nov 23, 2016 | S | 750 | $36.70 | D | 17,487 | D | |
| Common Stock | holding | — | — | — | 3,499 | 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 | $16.58 | Nov 23, 2016 | M | 750 | D | — | Apr 27, 2017 | Common Stock | 750 | 7,500 | 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 $36.60 to $36.80. 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 option represents a right to purchase a total of 12,000 shares of the Company's common stock, of which 6,000 options vested on April 27, 2013; and 6,000 options vested on April 27, 2014.