PERDOCEO EDUCATION Corp — Director's Dealing 2017

Dec 18, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAREER EDUCATION CORP (CECO)
CIK: 0001046568
Period of Report: 2017-12-14

Reporting Person: Kline John Robert (SVP, AIU)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-14	Common Stock	M	4060	—	Acquired	100378	Direct
2017-12-14	Common Stock	D	4060	$12.41	Disposed	96318	Direct
2017-12-14	Common Stock	F	1312	$12.41	Disposed	95006	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-14	Cash-Settled RSU	$	M	4060	Disposed	2019-12-14	Common Stock (4060)	Direct

Footnotes

F1: Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock.

F2: Reflects shares of common stock surrendered to the Company to satisfy tax withholding obligations in connection with the vesting of restricted stock or stock units.

F3: Includes 82,592 restricted stock units granted pursuant to the Career Education Corporation 2008 or 2016 Incentive Compensation Plans, with each unit representing the contingent right to receive one share of Issuer's common stock.

F4: The remaining RSUs vest in two equal installments on December 14, 2018 and 2019.