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ABM INDUSTRIES INC /DE/ — Director's Dealing 2017
Jan 12, 2017
31439_dirs_2017-01-12_27d45970-bd99-46ea-9797-06a152495fc2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ABM INDUSTRIES INC /DE/ (ABM)
CIK: 0000771497
Period of Report: 2017-01-10
Reporting Person: JACOBSEN RENE (Pres - Business & Industry)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-01-10 | Common Stock | A | 2527 | — | Acquired | 15659 | Direct |
| 2017-01-10 | Common Stock | A | 1503 | — | Acquired | 17162 | Direct |
| 2017-01-10 | Common Stock | A | 1629 | — | Acquired | 18791 | Direct |
Footnotes
F1: Restricted stock units (RSUs) granted under the 2006 Equity Incentive Plan, representing a contingent right to receive shares of common stock. Units vest 50% on the second anniversary of the grant date and 50% on the fourth anniversary of the grant date, and will settle in shares of common stock. Dividend equivalent rights (DERs) will accrue.
F2: Represents the number of shares earned in connection with the performance shares previously granted on 1/14/2014, based on achievement of certain targets in the period ending 10/31/2016. These performance shares vest on 1/14/2017.
F3: Represents the number of shares earned in connection with the TSR performance shares previously granted on 9/8/2014, based on TSR performance in the 3 year period ending 10/31/2016 as compared to the S&P 600. These awards vest on 9/8/2017.
F4: Includes 11,625 RSUs and DERS relating to the RSUs, adjusted to reflect the cumulative effect of fractional shares, 2,922 performance shares earned but not vested with respect to performance shares granted on 1/14/2014, 1,629 performance shares earned but not vested with respect to TSR performance shares granted on 9/8/2014, 458 performance shares earned but not vested with respect to performance shares granted on 1/15/2015, and DERs related thereto.