SEC Form 4 · accession 0001209191-17-023761
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 28, 2017
Accepted (ET)
Mar 30, 2017 · 9:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001157377
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock OptionsF1 | $46.95 | Mar 28, 2017 | A | 9,000 | A | — | Mar 28, 2024 | Common Stock | 9,000 | 9,000 | D |
| Restricted Stock UnitsF2,F3 | — | Mar 28, 2017 | A | 1,812 | A | — | — | Common Stock | 1,812 | 1,812 | I |
Explanation of responses
- F1The options to purchase the Company's common stock become exercisable in four equal annual installments beginning on April 1, 2018.
- F2Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock.
- F3The RSUs vest in four equal installments on April 28, 2018; April 1, 2019; April 1, 2020; and April 1, 2021, unless deferred. Upon vesting, each RSU is settled by the delivery of the underlying shares of common stock or payment of the current cash value of the vested shares, at the discretion of the Company.