SEC Form 4 · accession 0001296655-18-000006
ALLIANCEBERNSTEIN HOLDING L.P. · AB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laurence E Cranch
Officer — General Counsel
Period of report
Mar 5, 2018
Accepted (ET)
Mar 6, 2018 · 4:46 pm EST
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 |
|---|---|---|---|---|---|---|---|---|
| AB Holding UnitsF1 | Mar 5, 2018 | M | 37,500 | $17.05 | A | 150,707 | D | |
| AB Holding UnitsF1,F2 | Mar 5, 2018 | S | 37,500 | $26.3211 | D | 113,207 | 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)F3 | $17.05 | Mar 5, 2018 | M | 37,500 | D | Jan 23, 2010 | Jan 23, 2019 | AB Holding Units | 37,500 | 0 | D |
Explanation of responses
- F1Units representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. ("AB Holding Units").
- F2Reporting Person sold 37,500 AB Holding Units at prices ranging from $26.25 to $26.50 per Unit. The price set forth in the table is the weighted average of his sales at these prices.
- F3The option vested in equal annual increments on each of January 23, 2010, 2011, 2012, 2013 and 2014.