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PERDOCEO EDUCATION Corp Director's Dealing 2011

May 23, 2011

31526_dirs_2011-05-23_8e7a8ac5-761d-40e5-8589-fce8230f558a.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: 2011-05-19

Reporting Person: CHOOKASZIAN DENNIS (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-05-19 Non-Qualified Stock Option (right to buy) $22.13 A 16000 Acquired 2021-05-18 Common Stock (16000) Direct

Footnotes

F1: Immediately exercisable as to 4,000 of the underlying shares of common stock and exercisable as to 4,000 of the remaining underlying shares on each of May 19, 2012, May 19, 2013 and May 19, 2014.