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PERDOCEO EDUCATION Corp Director's Dealing 2017

Mar 8, 2017

31526_dirs_2017-03-08_808b49ca-a7fc-41a4-82d9-b296d57603c7.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: 2017-03-06

Reporting Person: Peppers Michele A (Principal Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-03-06 Common Stock A 2896 $0.00 Acquired 55490 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-03-06 Non-Qualified Stock Option (right to buy) $8.30 A 8496 Acquired 2027-03-06 Common Stock (8496) Direct

Footnotes

F1: Restricted stock units granted pursuant to the Career Education Corporation 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock. The units shall vest in four equal installments on each of March 14, 2018, 2019, 2020 and 2021.

F2: Includes 50,768 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.

F3: Exercisable in four equal installments on each of March 14, 2018, 2019, 2020 and 2021.