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PERDOCEO EDUCATION Corp — Director's Dealing 2017
Mar 8, 2017
31526_dirs_2017-03-08_ed5ef56c-88fa-4a0a-8356-3f4f1f39e499.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: Ayers Jeffrey David (SVP, General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-06 | Common Stock | A | 9916 | $0.00 | Acquired | 148115 | 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 | 29096 | Acquired | 2027-03-06 | Common Stock (29096) | 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 112,899 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.