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PERDOCEO EDUCATION Corp Director's Dealing 2017

May 9, 2017

31526_dirs_2017-05-09_58fdd3fc-3e05-4608-afb2-c099580c9806.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: 2017-05-08

Reporting Person: Ayers Jeffrey David (SVP, General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-08 Common Stock S 14560 $10.4992 Disposed 123005 Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $10.39 to $10.77. The price reported in Column 4 reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon written request, to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.

F2: Includes 87,957 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.