SEC Form 4 · accession 0001140361-17-001627
ABM INDUSTRIES INC /DE/ · ABM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dean A Chin
Officer — SVP - Chief Accounting Officer
Period of report
Jan 10, 2017
Accepted (ET)
Jan 12, 2017 · 11:54 am EST
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 | Jan 10, 2017 | A | 2,527 | $0.00 | A | 21,225 | D | |
| Common StockF2 | Jan 10, 2017 | A | 1,555 | $0.00 | A | 22,780 | D | |
| Common StockF3,F4 | Jan 10, 2017 | A | 1,563 | $0.00 | A | 24,343 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock units (RSUs) granted under the 2006 Equity Incentive Plan, representing a contingent right to receive shares of common stock. Units vest 50% on the second anniversary of the grant date and 50% on the fourth anniversary of the grant date, and will settle in shares of common stock. Dividend equivalent rights (DERs) will accrue.
- F2Represents the number of shares earned in connection with the performance shares previously granted on 1/14/2014, based on achievement of certain targets in the period ending 10/31/2016. These performance shares vest on 1/14/2017.
- F3Represents the number of shares earned in connection with the TSR performance shares previously granted on 9/8/2014, based on TSR performance in the 3 year period ending 10/31/2016 as compared to the S&P 600. These awards vest on 9/8/2017.
- F4Includes 11,168 RSUs, adjusted to reflect the cumulative effect of fractional shares, 3,025 performance shares earned but not vested with respect to performance shares granted on 1/14/2014, 1,563 performance shares earned but not vested with respect to TSR performance shares granted on 9/8/2014, 400 performance shares earned but not vested with respect to performance shares granted on 1/15/2015, 380 performance shares earned but not vested with respect to performance shares granted on 4/10/2015, and DERs related thereto.