SCHIRMEIER SCOTT A 4
4 · ADVISORY BOARD CO · Filed Nov 23, 2011
Insider Transaction Report
Form 4
SCHIRMEIER SCOTT A
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock Options
2011-11-22−719→ 4,312 totalExercise: $39.45Exp: 2012-03-14→ Common Stock (719 underlying) - Exercise/Conversion
Common Stock
2011-11-22$39.45/sh+719$28,365→ 4,006 total - Sale
Common Stock
2011-11-22$68.00/sh−719$48,892→ 3,287 total
Footnotes (3)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F2]These shares were sold in multiple transactions at prices ranging from $67.67 to $68.31. The price reported in Column 4 reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range at which the transaction was effected.
- [F3]The option represents a right to purchase a total of 23,000 shares of the Company's common stock, of which 11,500 options vested on February 15, 2008 and 11,500 options vested on February 15, 2009.