SEC Form 4 · accession 0001140361-16-082083
ABM INDUSTRIES INC /DE/ · ABM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sarah H McConnell
Officer — EVP/GEN. COUNSEL/CORP. SECTY.
Period of report
Oct 3, 2016
Accepted (ET)
Oct 6, 2016 · 9:45 am 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 StockF1 | Oct 3, 2016 | S | 1,880 | $40.0333 | D | 66,429 | D | |
| Common Stock | Oct 4, 2016 | M | 8,069 | $21.49 | A | 74,498 | D | |
| Common StockF2,F3 | Oct 4, 2016 | S | 6,442 | $39.7708 | D | 68,056 | 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 | $21.49 | Oct 4, 2016 | M | 8,069 | D | — | Sep 8, 2017 | Common Stock | 8,069 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.02 to $40.06, 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 range set forth in footnote 1 to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.75 to $39.88, 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 range set forth in footnote 2 to this Form 4.
- F3Includes 15,001 unvested RSUs, 27,653 vested RSUs, the receipt of which has been deferred and DERS relating to the RSUs, adjusted to reflect the cumulative effect of fractional shares, 3,606 performance shares earned but not vested with respect to performance shares granted on 1/14/2014, 982 performance shares earned but not vested with respect to performance shares granted on 1/15/2015,and DERs related thereto.
- F4Stock options granted under the 2006 Equity Incentive Plan.
- F525% exercisable on 9/8/2011 and 25% on the anniversary date of each of the following three years.