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PERDOCEO EDUCATION Corp Director's Dealing 2011

Mar 16, 2011

31526_dirs_2011-03-16_c55ff006-c8a1-4ca3-8a72-770f65ddbdba.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAREER EDUCATION CORP (CECO)
CIK: 0001046568
Period of Report: 2011-03-14

Reporting Person: DeYoung Robert Todd (Senior VP)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-03-14 Common Stock A 9536 Acquired 28042 Direct
2011-03-14 Common Stock A 5448 Acquired 33490 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-03-14 Non-Qualified Stock Option (right to buy) $21.8 A 29724 Acquired 2021-03-13 Common Stock (29724) Direct

Footnotes

F1: This grant of restricted stock was approved by the Compensation Committee of the Company's Board of Directors on March 14, 2011. This number represents the maximum number of shares that could become vested assuming full satisfaction of all vesting requirements.

F2: Exercisable in four equal annual installments on each of March 14, 2012, 2013, 2014 and 2015.