RENE JACOBSEN - 09 Jan 2023 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
09 Jan 2023
Transactions value $
-$329,345
Form type
4
Filing time
11 Jan 2023, 15:18:00 UTC
Previous filing
10 Jan 2023
Next filing
08 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABM Common Stock Award $0 +20.6K +46.61% $0.00 64.8K 09 Jan 2023 Direct F1
transaction ABM Common Stock Tax liability -$329K -7.23K -11.87% $45.54 53.7K 09 Jan 2023 Direct
transaction ABM Common Stock Award $0 +11.4K +21.16% $0.00 65.1K 10 Jan 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Issuer common stock issued upon the vesting of relative-total stockholder return ("TSR") modified performance shares previously granted on January 9, 2020, which vested on January 9, 2023, based on the Issuer's satisfaction of performance criteria and the Issuer's relative TSR performance in the 3-year period beginning November 1, 2019, and ended October 31, 2022, as compared to the S&P Composite 1500 Commercial Services & Supplies Index.
F2 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.