ADVISORY BOARD CO 4
4 · ADVISORY BOARD CO · Filed Apr 20, 2017
Insider Transaction Report
Form 4
Kirshbaum Michael T
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2017-04-18+1,974→ 47,168 total - Exercise/Conversion
Restricted Stock Units
2017-04-18−1,974→ 0 total→ Common Stock (1,974 underlying) - Tax Payment
Common Stock
2017-04-18$46.95/sh−705$33,100→ 46,463 total
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock.
- [F2]The RSUs vest in four equal installments on May 18, 2014; April 18, 2015; April 18, 2016; and April 18, 2017, unless deferred. Upon vesting, each RSU is settled by the delivery of the underlying shares of common stock or payment of the current cash value of the vested shares, at the discretion of the Company.