Erzan Onur bought AB
January 6, 2025 · Form 4 insider transaction
Erzan Onur bought 134,735 shares of AllianceBernstein Holding L.P. at $37.11 per share, a transaction worth $5.00M. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Units representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. ("AB Holding Units"); The date on which the Reporting Person accepted a restricted AB Holding Unit award offered to him by AB on January 6, 2025 (the "RSU Award"), by signing his RSU Award agreement.; The number of AB Holding Units awarded was determined by dividing the dollar amount of the RSU Award by $37.11, which was the closing price of an AB Holding Unit on January 6, 2025. The award will cliff vest, and all 134,735 AB Holding Units awarded (less an appropriate number of AB Holding Units to satisfy applicable withholdings), will be delivered to the Reporting Person on December 1, 2028 (subject to terms and conditions set forth in the Award agreement).; The closing price on the NYSE of an AB Holding Unit (NYSE: AB) on January 6, 2025, the date on which the RSU Award was accepted by the Reporting Person.