SEC Form 4 · accession 0001705584-17-000014
ALLIANCEBERNSTEIN HOLDING L.P. · AB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Seth P Bernstein
Officer — President and CEO · Director
Period of report
May 16, 2017
Accepted (ET)
May 18, 2017 · 5:09 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 16, 2017 | A | 164,706 | $21.25 | A | 164,706 | D |
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")
- F2Pursuant to Reporting Person's employment agreement dated as of April 28, 2017, which agreement includes forfeiture and accelerated vesting/delivery provisions, Reporting Person's award of 164,706 restricted AB Holding Units vests ratably on each of May 1, 2018, 2019, 2020 and 2021, and all of these AB Holding Units are scheduled to be delivered to Reporting Person promptly after May 1, 2021.
- F3The closing price on the NYSE of an AB Holding Unit on May 16, 2017, the award date.