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ABM INDUSTRIES INC /DE/ Director's Dealing 2019

Jan 15, 2019

31439_dirs_2019-01-15_a1e261e0-8ca7-4444-9c08-ce1e7225741c.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: 2019-01-12

Reporting Person: JACOBSEN RENE (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-01-12 Common Stock A 6711 Acquired 45477 Direct
2019-01-12 Common Stock F 3197 $34.28 Disposed 42280 Direct
2019-01-15 Common Stock S 6896 $34.0875 Disposed 35384 Direct

Footnotes

F1: Represents the number of shares of common stock earned in connection with performance shares previously granted on 1/12/2016 and 3/11/2016, based on achievement of certain targets in the period ended 10/31/2018. These performance shares vested on 1/12/2019.

F2: The total number of shares reflects an additional 5,369 restricted stock units ("RSUs") that were granted on January 9, 2019 and omitted from the Form 4 filed by the Reporting Person on January 11, 2019. Such RSUs 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.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.93 to $34.20, inclusive. The reporting person undertakes to provide to ABM Industries Incorporated, any security holder of ABM Industries Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 3 of this Form 4.

F4: Includes 29,008 unvested RSUs and DERS relating to the unvested RSUs, adjusted to reflect the cumulative effect of fractional shares.