van Brugge Robert P 4
4 · ALLIANCEBERNSTEIN HOLDING L.P. · Filed Jan 24, 2012
Insider Transaction Report
Form 4
van Brugge Robert P
Chairman and CEO, SCB LLC
Transactions
- Award
units rep. assignments of beneficial owner. of lp interests
2012-01-20$14.90/sh+62,433$930,002→ 140,746 total(indirect: By Trust)
Footnotes (3)
- [F1]Units representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. ("Holding Units").
- [F2]The price set forth in the table is the average of the closing prices of a Holding Unit as reported for New York Stock Exchange composite transactions for the five business day period that commenced on January 13, 2012 and concluded on January 20, 2012. The Compensation Committee of the Board of Directors granted the award at a regular meeting duly called and held on December 9, 2011. This form was not filed within 48 hours of grant date because the Holding Unit value was not calculated until January 20, 2012.
- [F3]Reporting Person's 2011 incentive compensation award was made in the form of Holding Units and $250,000 in deferred cash. He therefore may be deemed to have acquired 62,433 Holding Units. These Holding Units are held in a rabbi trust under AllianceBernstein's incentive compensation award program until they vest and are distributed to the Reporting Person. The award vests, subject to various agreements and restrictive covenants set forth in the applicable award agreement, in equal annual increments on each of December 1, 2012, 2013, 2014 and 2015.