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 $60.85 to $61.58. 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.
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Other recent filings from the company include the following:
The Advisory Board Company's Executive Vice President just cashed-in 1,300 options - Sept. 22, 2014
Statement of changes in beneficial ownership of securities - Sept. 18, 2014