GIACOBBE SCOTT J 4
4 · ABM INDUSTRIES INC /DE/ · Filed Sep 16, 2019
Insider Transaction Report
Form 4
GIACOBBE SCOTT J
Pres - Building & Energy
Transactions
- Award
Common Stock
2018-12-21+7,659→ 66,465 total - Award
Common Stock
2018-12-21+585→ 67,050 total - Award
Common Stock
2019-09-12+34→ 67,084 total - Tax Payment
Common Stock
2019-09-12$36.85/sh−267$9,839→ 66,817 total
Footnotes (4)
- [F1]Represents the number of shares earned in connection with performance shares previously granted on 1/12/2016, based on achievement of certain targets in the period ended 10/31/2018. Inadvertently, these performance shares were not reported at the time they were earned (12/21/2018), but were reported on a subsequent Form 4 disclosing their vesting and payout on 1/12/2019. As a result, none of these performance shares are being added to the reporting person's beneficial ownership total in this Form 4 to avoid double-counting.
- [F2]Represents the number of shares earned in connection with TSR performance shares previously granted on 9/12/2016, based on TSR performance in the 3-year period ended 10/31/2018 as compared to the S&P SmallCap 600 Index. Such TSR performance shares vested on 9/12/2019. Inadvertently, these TSR performance shares were not reported at the time they were earned (12/21/2018).
- [F3]Dividend equivalent rights (DERs) accrued on earned TSR-performance shares under the 2006 Equity Incentive Plan. Each DER is the economic equivalent of one share of ABM common stock.
- [F4]Includes 24,212 unvested RSUs and DERs relating to the unvested RSUs, adjusted to reflect the cumulative effect of fractional shares.