SEC Form 4 · accession 0001209191-16-155261
ADVISORY BOARD CO · ABCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert W Musslewhite
Officer — Chief Executive Officer · Director
Period of report
Dec 12, 2016
Accepted (ET)
Dec 14, 2016 · 7:24 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 | Dec 12, 2016 | M | 3,773 | $16.58 | A | 259,084 | I | By Trust |
| Common StockF2 | Dec 12, 2016 | S | 3,773 | $33.91 | D | 255,311 | I | By Trust |
| Common Stock | Dec 12, 2016 | M | 1,727 | $16.58 | A | 257,038 | I | By Trust |
| Common StockF3 | Dec 12, 2016 | S | 1,727 | $33.79 | D | 255,311 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock OptionsF4 | $16.58 | Dec 12, 2016 | M | 3,773 | D | — | Apr 27, 2017 | Common Stock | 3,773 | 23,727 | I |
| Common Stock OptionsF4 | $16.58 | Dec 12, 2016 | M | 1,727 | D | — | Apr 27, 2017 | Common Stock | 1,727 | 22,000 | I |
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 $33.40 to $34.15. 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 $33.45 to $34.05. 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.
- F4The options to purchase the Company's common stock became exercisable in in two equal annual installments beginning April 27, 2013.