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PERDOCEO EDUCATION Corp — Director's Dealing 2010
Nov 12, 2010
31526_dirs_2010-11-12_d9a2e069-9059-4523-9777-2c90af1e65df.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: CAREER EDUCATION CORP (CECO)
CIK: 0001046568
Period of Report: 2010-11-02
Reporting Person: Tober Stephen (CEO of AIU)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 22895.0000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $26.15 | 2019-02-24 | Common Stock (4907.0000) | Direct | |
| Non-Qualified Stock Option (right to buy) | $29.02 | 2020-03-02 | Common Stock (14096.0000) | Direct |
Footnotes
F1: Includes 20,532 restricted shares granted by the Compensation Committee of the Company's Board of Directors. This number represents the maximum number of shares that could become vested assuming full satisfaction of all vesting requirements.
F2: Immediately exercisable as to the 1,226 shares of the underlying shares of Common Stock and the remaining underlying shares become exercisable in three equal annual installments on February 25, 2011, 2012 and 2013.
F3: Exercisable in four equal annual installments on each of March 3, 2011, 2012, 2013 and 2014.