RENE JACOBSEN - 07 Jan 2022 Form 4 Insider Report for ABM INDUSTRIES INC /DE/ (ABM)

Signature
By: David R. Goldman, by power of attorney
Issuer symbol
ABM
Transactions as of
07 Jan 2022
Transactions value $
$-413,497
Form type
4
Filing time
11 Jan 2022, 19:10:38 UTC
Previous filing
03 Nov 2021
Next filing
09 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABM Common Stock Award $0 +12,243 +38.2% $0.000000 44,284 07 Jan 2022 Direct F1
transaction ABM Common Stock Tax liability $-73,792 -1,705 -3.85% $43.28 42,579 08 Jan 2022 Direct F2
transaction ABM Common Stock Award $0 +15,272 +35.9% $0.000000 57,851 09 Jan 2022 Direct F3
transaction ABM Common Stock Tax liability $-36,961 -854 -1.48% $43.28 56,997 09 Jan 2022 Direct F2
transaction ABM Common Stock Tax liability $-271,712 -6,278 -11% $43.28 50,719 09 Jan 2022 Direct F4
transaction ABM Common Stock Tax liability $-31,032 -717 -1.41% $43.28 50,002 10 Jan 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units (RSUs) granted under the 2021 Equity and Incentive Compensation Plan, representing a contingent right to receive shares of common stock. Units vest in three equal annual installments beginning a year from the grant date, and will settle in shares of common stock. Dividend equivalent rights (DERs) will accrue.
F2 Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.
F3 Represents the number of shares of common stock issued pursuant to TSR-modified performance shares previously granted on 1/9/2019, based on the Issuer's satisfaction of performance criteria and the Issuer's TSR performance in the 3-year period beginning 11/1/2018 and ended 10/31/2021 as compared to the S&P Composite 1500 Commercial Services & Supplies Index.
F4 Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of TSR-modified performance shares.