SEC Form 4 · accession 0001140361-15-011290
ABM INDUSTRIES INC /DE/ · ABM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Henrik C Slipsager
Officer — President & CEO
Period of report
Mar 10, 2015
Accepted (ET)
Mar 11, 2015 · 1:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000771497
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Mar 10, 2015 | S | 5,000 | $29.1396 | D | 213,245 | D | |
| Common Stock | Mar 10, 2015 | M | 20,000 | $20.90 | A | 233,245 | D | |
| Common StockF3,F4 | Mar 10, 2015 | S | 17,320 | $29.1509 | D | 215,925 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF5,F6 | $20.90 | Mar 10, 2015 | M | 20,000 | D | — | Sep 14, 2015 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1All sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.975 to $29.26, inclusive. The reporting person undertakes to provide to ABM Industries Incorporated, any security holder of ABM Industries Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 2 of this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.965 to $29.26, inclusive. The reporting person undertakes to provide to ABM Industries Incorporated, any security holder of ABM Industries Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 3 of this Form 4.
- F4Includes 45,980 unvested RSUs, 57,109 vested RSUs, the receipt of which has been deferred, and DERs relating to the RSUs, adjusted to reflect the cumulative effect of fractional shares, 15,675 performance shares earned but not vested with respect to performance shares granted on 1/14/2013, 5,586 performance shares earned but not vested with respect to performance shares granted on 1/14/2014, and DERs related thereto.
- F5Stock options granted under the 1987 Time Vested Plan.
- F620% exercisable on 9/14/2006 and 20% on the anniversary date of each of the following 4 years.