Seth Bernstein - Dec 10, 2021 Form 4 Insider Report for ALLIANCEBERNSTEIN HOLDING L.P. (AB)

Role
President and CEO, Director
Signature
/s/ Seth P. Bernstein
Stock symbol
AB
Transactions as of
Dec 10, 2021
Transactions value $
$5,225,018
Form type
4
Date filed
12/14/2021, 06:57 PM
Previous filing
Dec 8, 2021
Next filing
Feb 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AB AB Holding Units Award $5.23M +103K +30.27% $50.94 441K Dec 10, 2021 by rabbi trust under employee incentive compensation plan F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Units representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. ("AB Holding Units")
F2 Reporting Person's 2021 long-term incentive compensation award, which was approved by the Compensation and Workplace Practices Committee of the Board as of December 10, 2021, was made in the form of AB Holding Units. Reporting Person therefore may be deemed to have acquired 102,572 AB Holding Units. These AB Holding Units are held in a rabbi trust under AllianceBernstein's incentive compensation award program until they vest and are delivered to the Reporting Person. The award vests, subject to various agreements and covenants set forth in the applicable award agreement, in equal annual increments on each of December 1, 2022, 2023 and 2024.
F3 Closing price of an AB Holding Unit (NYSE: AB) on the grant date (December 10, 2021).