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PERDOCEO EDUCATION Corp Director's Dealing 2018

Aug 24, 2018

31526_dirs_2018-08-24_c2410273-d82b-4f0c-8ce1-3d52cec58697.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: 2018-08-22

Reporting Person: Jackson Gregory L. (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-08-22 Common Stock M 24000 $14.96 Acquired 62291 Direct
2018-08-22 Common Stock S 21828 $16.46 Disposed 40463 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-08-22 Non-Qualified Option (right to buy) $14.96 M 24000 Disposed 2018-11-16 Common Stock (24000) Direct

Footnotes

F1: Includes 14,619 deferred stock units ("DSU") granted pursuant to the Career Education Corporation 2008 Incentive Compensation Plan, with each DSU representing the contingent right to receive one share of Issuer's common stock upon Reporting Person's termination of service from the Issuer.

F2: On November 17, 2008 the Reporting Person was granted 24,000 non-qualified stock options. The option grant vested in three installments on November 17, 2008, 2009 and 2010.