The Advisory Board Company's Chief Executive Officer just cashed-in 10,000 options


Robert W Musslewhite, The Advisory Board Company's Chief Executive Officer and a director of the company, recently cashed-in 10,000 options. The options were exercised at $22.38, while the sales took place between $62.05 and $62.68 per share, on December 20, 2013. Musslewhite continues to hold 30,806 shares of the company. Musslewhite 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 $61.40 to $62.38. 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 $62.41 to $62.97. 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 198,948 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 Chief Talent Officer just disposed of 1,333 shares - Sept. 15, 2014
The Advisory Board Company's General Counsel just disposed of 1,992 shares - Sept. 12, 2014

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