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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.
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