SEC Form 4 · accession 0001214659-15-004248
ALLIANCEBERNSTEIN HOLDING L.P. · AB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher M Condron
Director
Period of report
May 21, 2015
Accepted (ET)
May 26, 2015 · 4:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000825313
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| units rep. assignments of beneficial owner. of lp interestsF1,F2,F3 | May 21, 2015 | A | 1,891 | $31.74 | A | 58,646 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AB Holding Unit option (right to buy)F1,F5,F4 | $31.74 | May 21, 2015 | A | 14,528 | A | May 21, 2016 | May 21, 2025 | AB Holding Units | 14,528 | 14,528 | D |
Explanation of responses
- F1Units representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. ("AB Holding Units").
- F2Reporting Person was awarded 1,891 restricted AB Holding Units under the AllianceBernstein 2010 Long Term Incentive Plan, as amended. Restrictions lapse on all 1,891 AB Holding Units on May 21, 2018.
- F3The closing price of an AB Holding Unit on May 21, 2015, the grate date.
- F4Reporting Person was awarded 14,528 options to buy AB Holding Units under the AllianceBernstein 2010 Long Term Incentive Plan, as amended. The option vests in equal increments on each of May 21, 2016, 2017 and 2018.
- F5The value of each option calculated in accordance with black-scholes methodology.