SEC Form 4 · accession 0001698316-17-000018
ALLIANCEBERNSTEIN HOLDING L.P. · AB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kate C Burke
Officer — Head of Human Capital and CTO
Period of report
Dec 12, 2017
Accepted (ET)
Dec 14, 2017 · 4:00 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,F2 | Dec 12, 2017 | A | 16,433 | $24.95 | A | 32,853 | I | by rabbi trust under employee incentive compensation plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Units representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. ("AB Holding Units")
- F2Reporting Person's 2017 long-term incentive compensation award, which was approved by the Compensation Committee of the Board on December 12, 2017, was made in the form of AB Holding Units. Reporting Person therefore may be deemed to have acquired 16,433 AB Holding Units. These AB Holding Units are held in a rabbi trust under AllianceBernstein's incentive compensation award program until they vest and are delivered to the Reporting Person. The award vests, subject to various agreements and covenants set forth in the applicable award agreement, in equal annual increments on each of December 1, 2018, 2019, 2020 and 2021. The price set forth in the table is the closing price of an AB Holding Unit on December 12, 2017.