SEC Form 4 · accession 0001140361-17-001629
ABM INDUSTRIES INC /DE/ · ABM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott J Giacobbe
Officer — Pres - Building & Energy
Period of report
Jan 10, 2017
Accepted (ET)
Jan 12, 2017 · 11:55 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 | 35,428 | D | |
| Common StockF2 | Jan 10, 2017 | A | 2,504 | $0.00 | A | 37,932 | D | |
| Common StockF3,F4 | Jan 10, 2017 | A | 2,443 | $0.00 | A | 40,375 | 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 13,170 RSUs and DERS relating to the RSUs, adjusted to reflect the cumulative effect of fractional shares, 4,871 performance shares earned but not vested with respect to performance shares granted on 1/14/2014, 2,443 performance shares earned but not vested with respect to TSR performance shares granted on 9/8/2014, 625 performance shares earned but not vested with respect to performance shares granted on 1/15/2015, and DERs related thereto.