SEC Form 4 · accession 0001209191-17-026784
ADVISORY BOARD CO · ABCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
David L Felsenthal
Officer — President · Director
Period of report
Apr 10, 2017
Accepted (ET)
Apr 12, 2017 · 9:58 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 | Apr 10, 2017 | M | 4,128 | $0.00 | A | 57,384 | D | |
| Common Stock | Apr 10, 2017 | F | 1,201 | $47.50 | D | 56,183 | D | |
| Common Stock | Apr 11, 2017 | M | 4,377 | $0.00 | A | 60,560 | D | |
| Common Stock | Apr 11, 2017 | F | 1,410 | $47.50 | D | 59,150 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Apr 10, 2017 | M | 4,128 | D | — | — | Common Stock | 4,128 | 8,256 | D |
| Restricted Stock UnitsF1,F3 | — | Apr 11, 2017 | M | 4,377 | D | — | — | Common Stock | 4,377 | 4,377 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock.
- F2The RSUs vest in four equal installments on May 10, 2016; April 10, 2017; April 10, 2018; and April 10, 2019, 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.
- F3The RSUs vest in four equal installments on May 11, 2015; April 11, 2016; April 11, 2017; and April 11, 2018, 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.