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PERDOCEO EDUCATION Corp — Director's Dealing 2017
Sep 29, 2017
31526_dirs_2017-09-29_169b015d-edf8-4e3b-bf8f-8853ad356223.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: 2017-09-21
Reporting Person: Ghia Ashish R (Interim CFO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 67172 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Cash-Settled RSU | $ | 2018-03-14 | Common Stock (2397) | Direct | |
| Cash-Settled RSU | $ | 2019-03-14 | Common Stock (2770) | Direct | |
| Cash-Settled RSU | $ | 2020-03-14 | Common Stock (18684) | Direct |
Footnotes
F1: Includes 56,166 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.
F2: The remaining cash-settled RSUs vest in one additional installment on March 14, 2018.
F3: Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock.
F4: The remaining cash-settled RSUs vest in two additional installments on March 14, 2018 and 2019.
F5: The remaining cash-settled RSUs vest in three additional installments on March 14, 2018, 2019 and 2020.