SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
CORBET KATHLEEN A
(Last) (First) (Middle)
C/O MARK R. MANLEY
ALLIANCE CAPITAL MANAGEMENT CORPORATION
(Street)
NEW YORK NY 10105
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ALLIANCE CAPITAL MANAGEMENT HOLDING LP [ AC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP of General Partner
3. Date of Earliest Transaction (Month/Day/Year)
03/30/2004
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Units rep. assign. of beneficial ownership of l.p. interests 03/30/2004 M 14,000 A $9.6875 169,906 D
Units rep. assign. of beneficial ownership of l.p. interests 03/30/2004 M 30,000 A $12.5625 199,906 D
Units rep. assign. of beneficial ownership of l.p. interests 03/30/2004 M 30,000 A $13.75 229,906 D
Units rep. assign. of beneficial ownership of l.p. interests 03/30/2004 M 25,000 A $18.4688(1) 254,906 D
Units rep. assign. of beneficial ownership of l.p. interests 03/30/2004 M 40,000 A $26.3125 294,906 D
Units rep. assign. of beneficial ownership of l.p. interests 03/30/2004 M 32,000 A $30.25 326,906 D
Units rep. assign. of beneficial ownership of l.p. interests 03/30/2004 M 4,000 A $33.18 330,906 D
Units rep. assign. of beneficial ownership of l.p. interests 03/30/2004 S 175,000 D $36.6262 155,906 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Unit Option (right to buy) $9.6875 03/30/2004 M 14,000 04/25/1996(2) 04/25/2005 Units rep. assign. of beneficial ownership of l.p. interests 14,000 $0 0 D
Employee Unit Option (right to buy) $12.5625 03/30/2004 M 30,000 12/16/1997(3) 12/16/2006 Units rep. assign. of beneficial ownership of l.p. interests 30,000 $0 0 D
Employee Unit Option (right to buy) $13.75 03/30/2004 M 30,000 06/20/1998(4) 06/20/2007 Units rep. assign. of beneficial ownership of l.p. interests 30,000 $0 0 D
Employee Unit Option (right to buy) $18.4688(1) 03/30/2004 M 25,000 12/16/1998(5) 12/16/2007 Units rep. assign. of beneficial ownership of l.p. interests 25,000 $0 0 D
Employee Unit Option (right to buy) $26.3125 03/30/2004 M 40,000 12/10/1999(6) 12/10/2008 Units rep. assign. of beneficial ownership of l.p. interests 40,000 $0 0 D
Employee Unit Option (right to buy) $30.25 03/30/2004 M 32,000 12/06/2000(7) 12/06/2009 Units rep. assign. of beneficial ownership of l.p. interests 32,000 $0 8,000 D
Employee Unit Option (right to buy) $33.18 03/30/2004 M 4,000 12/06/2003(8) 12/06/2012 Units rep. assign. of beneficial ownership of l.p. interests 4,000 $0 16,000 D
Explanation of Responses:
1. The actual price is $18.46875.
2. The option vested in 20% increments on each of April 25, 1996, 1997, 1998, 1999 and 2000.
3. The option vested in 20% increments on each of December 16, 1997, 1998, 1999, 2000 and 2001.
4. The option vested in 20% increments on each of June 20, 1998, 1999, 2000, 2001 and 2002.
5. The option vested in 20% increments on each of December 16, 1998, 1999, 2000, 2001 and 2002.
6. The option vested in 20% increments on each of December 10, 1999, 2000, 2001, 2002 and 2003.
7. The option vests in 20% increments on each of December 6, 2000, 2001, 2002, 2003 and 2004.
8. The option vests in 20% increments on each of December 6, 2003, 2004, 2005, 2006 and 2007.
Remarks:
/s/ Adam Spilka, by pwr. att'y 03/31/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.