SEC Form 4 · accession 0001209191-17-003412
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
Jan 9, 2017
Accepted (ET)
Jan 11, 2017 · 5:02 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 | Jan 9, 2017 | M | 5,500 | $16.58 | A | 260,811 | I | By Trust |
| Common StockF2 | Jan 9, 2017 | S | 5,500 | $35.76 | 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 OptionsF3 | $16.58 | Jan 9, 2017 | M | 5,500 | D | — | Apr 27, 2017 | Common Stock | 5,500 | 16,500 | 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 $35.45 to $36.35. 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 in two equal annual installments beginning April 27, 2013.