SEC Form 4 · accession 0001140361-17-016638
ABM INDUSTRIES INC /DE/ · ABM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott B Salmirs
Officer — President and CEO
Period of report
Apr 24, 2017
Accepted (ET)
Apr 25, 2017 · 10:56 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 Stock | Apr 24, 2017 | M | 4,501 | $21.49 | A | 66,580 | D | |
| Common StockF2,F3 | Apr 24, 2017 | S | 4,501 | $43.4586 | D | 62,079 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Dividend equivalent rights (DERs) accrued on the restricted stock units granted under the 2006 Equity Incentive Plan and, if applicable, on performance shares granted under the 2006 Equity Plan, to the extent that such performance shares have been earned under the performance share program relating to such shares. DERs vest in the same manner as the awards to which they relate. Each DER is the economic equivalent of one share of ABM common stock.
- F2The price reporting in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.30 to $43.63, 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, 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 35,218 RSUs and DERs relating to RSUs, adjusted to reflect the cumulative effect of fractional shares, 4,089 performance shares earned but not vested with respect to TSR performance shares granted on 9/8/2014, 1,042 performance shares earned but not vested with respect to performance shares granted on 1/15/2015,and DERs related thereto.