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PERDOCEO EDUCATION Corp Director's Dealing 2014

Mar 6, 2014

31526_dirs_2014-03-06_7454ae7e-b5c2-4549-8cb6-ec9814f89ca6.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: 2014-03-04

Reporting Person: O'Sullivan Colleen M (SVP, CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-03-04 Common Stock A 24404.0 $0.0 Acquired 77617.5419 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-03-04 Non-Qualified Stock Option (right to buy) $7.33 A 66556.0 Acquired 2024-03-04 Common Stock (66556) Direct

Footnotes

F1: 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 common stock. The restricted stock units shall vest in four equal installments on each of March 14, 2015, 2016, 2017 and 2018.

F2: Includes 47,865 restricted stock units granted pursuant to the Career Education Corporation 2008 Incentive Compensation Plan.

F3: Exercisable in four equal annual installments on each of March 14, 2015,
2016, 2017, and 2018.