Units Outstanding

6 Months Ended

Jun. 30, 2013

6.	Units Outstanding

Changes in Holding Units outstanding during the six-month period ended June 30, 2013 were as follows:

Outstanding as of December 31, 2012			105,173,342
Options exercised			778,739
Units issued			—
Units forfeited			—
Outstanding as of June 30, 2013			105,952,081

As we discussed in Note 3, on July 1, 2013, management of AllianceBernstein and Holding retired all unallocated Holding Units in AllianceBernstein's consolidated rabbi trust, which decreased each of their respective outstanding units by approximately 13.1 million units as of July 1, 2013.