SEC Form 4 · accession 0001140361-17-024797
ABM INDUSTRIES INC /DE/ · ABM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rene Jacobsen
Officer — Executive Vice President
Period of report
Jun 9, 2017
Accepted (ET)
Jun 13, 2017 · 12:35 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 | Jun 9, 2017 | M | 950 | $25.30 | A | 16,594 | D | |
| Common Stock | Jun 9, 2017 | S | 950 | $43.95 | D | 15,644 | D | |
| Common StockF2,F3 | Jun 12, 2017 | A | 6,145 | $0.00 | A | 21,789 | 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 | $25.30 | Jun 9, 2017 | M | 950 | D | — | Sep 6, 2020 | Common Stock | 950 | 2,440 | 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.
- F2Restricted 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 date 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.
- F3Includes 17,854 RSUs and DERS relating to the RSUs, adjusted to reflect the cumulative effect of fractional shares, 1,642 performance shares earned but not vested with respect to TSR performance shares granted on 9/8/2014, 462 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 9/6/2014 and 25% on the anniversary date of the following three years.