SEC Form 4 · accession 0001209191-17-032376
ADVISORY BOARD CO · ABCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark R Neaman
Director
Period of report
May 11, 2017
Accepted (ET)
May 15, 2017 · 5:04 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 | May 11, 2017 | M | 2,592 | $0.00 | A | 20,893 | 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 | — | May 11, 2017 | M | 2,592 | D | — | — | Common Stock | 2,592 | 0 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of ABCO common stock.
- F2On April 11, 2014, the Reporting Person was awarded RSUs that vested on May 11, 2015, which the Reporting Person elected to defer until May 11, 2017. Upon vesting, each RSU is settled by the delivery of the underlying shares of the common stock or payment of the current cash value of the vested shares, at the discretion of the Company.