Adtalem Global Education Inc. — Director's Dealing 2012

Nov 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DEVRY INC (DV)
CIK: 0000730464
Period of Report: 2012-11-02

Reporting Person: BROWN DAVID S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-02	Common Stock	M	5250	$15.03	Acquired	9895	Direct
2012-11-02	Common Stock	S	5250	$26.94	Disposed	4645	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-02	Non-qualified Stock Option (Right to Buy)	$15.03	M	5250	Disposed	2012-11-12	Common Stock (5250)	Direct

Footnotes

F1: This options is fully exercisable after three years of the option date at a rate of 33.33% for each of the first three years and expires in 10 years from the option date

F2: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 8, 2011.