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 at $61.14 per share, on December 05, 2013. Felsenthal continues to hold 30,149 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 $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:

Statement of changes in beneficial ownership of securities - Sept. 18, 2014
The Advisory Board Company's Chief Talent Officer just disposed of 1,333 shares - Sept. 15, 2014

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