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PERDOCEO EDUCATION Corp — Director's Dealing 2013
Jul 25, 2013
31526_dirs_2013-07-25_f55fcccf-d18c-41c1-876a-e59f8d61e689.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: 2013-07-18
Reporting Person: Jones Diane Auer (SVP, Chief Ext Affairs Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 15194 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Cash Settled RSU | $ | 2017-03-14 | Common Stock (15656) | Direct | |
| Non-Qualified Stock Option (right to buy) | $2.72 | 2023-03-04 | Common Stock (28464) | Direct |
Footnotes
F1: Includes 10,704 restricted stock units granted pursuant to the Career Education Corporation 2008 Incentive Compensation Plan, with each restricted stock unit representing a contingent right to receive one share of stock.
F2: These cash settled RSUs vest in four equal installments on each of March 14, 2014, 2015, 2016 and 2017.
F3: Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock.
F4: Exercisable in four equal annual installments on each of March 14, 2014, 2015, 2016 and 2017.