SEC Form 4 · accession 0001140361-15-018750
ABM INDUSTRIES INC /DE/ · ABM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Farwell
Officer — Senior Vice President
Period of report
May 8, 2015
Accepted (ET)
May 11, 2015 · 3:53 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 Stock | May 8, 2015 | M | 5,000 | $18.30 | A | 42,474 | D | |
| Common StockF2,F3 | May 8, 2015 | S | 5,000 | $32.3261 | D | 37,474 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF4,F5 | $18.30 | May 8, 2015 | M | 5,000 | D | — | Jun 14, 2015 | Common Stock | 5,000 | 0 | 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 $32.13 to $32.55, 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.
- F3Includes 7,732 RSUs, and DERs relating to the RSUs, 1,594 performance shares earned but not vested with respect to performance shares granted on 1/14/2013, 567 performance shares earned but not vested with respect to performance shares granted on 1/14/2014, and DERs related thereto.
- F4Stock options granted under the 2002 Price-Vested Plan.
- F5Exercisable over the first four years in percentages tied to the price of ABM common stock and after eight years from the grant date, if not previously vested.