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 $61.00 to $61.53. 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 i
nformation 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 24,000 shares of the Company's common stock, of which 9,000 options vested on April 17, 2012; and 15,000 options vested on April 17, 2013.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
To receive a free e-mail notification whenever The Advisory Board Company makes a similar move, sign up!
Other recent filings from the company include the following: