The Advisory Board Company's President just cashed-in 6,437 options

David L Felsenthal, The Advisory Board Company's President and a director of the company, recently cashed-in 6,437 options. The options were exercised at $22.38, while the sales took place between $60.14 and $60.77 per share, on October 10, 2013. Felsenthal continues to hold 33,482 shares of the company. Felsenthal operates out of Washington, DC. Some additional info was provided as follows:

This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. These shares were sold in multiple transactions at prices ranging from $59.59 to $60.57. 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. These shares were sold in multiple transactions at prices ranging from $60.59 to $60.97. 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. The option represents a right to purchase a total of 116,052 shares of the Company's common stock, which became exercisable in four equal annual installments beginning on March 31, 2009.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here. The Advisory Board Company next reports earnings on October 28, 2013.

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Other recent filings from the company include the following:

The Advisory Board Company director just declared that he owns no shares of The Advisory Board Company - April 15, 2014
The Advisory Board Company director just declared that he owns no shares of The Advisory Board Company - April 15, 2014
The Advisory Board Company director just declared that he owns no shares of The Advisory Board Company - April 15, 2014
The Advisory Board Company director just declared that he owns no shares of The Advisory Board Company - April 15, 2014
The Advisory Board Company director just declared that he owns no shares of The Advisory Board Company - April 15, 2014
The Advisory Board Company director just declared that he owns no shares of The Advisory Board Company - April 15, 2014
The Advisory Board Company director just declared that he owns no shares of The Advisory Board Company - April 15, 2014
The Advisory Board Company director just declared that he owns no shares of The Advisory Board Company - April 15, 2014
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