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PERDOCEO EDUCATION Corp Director's Dealing 2019

Jul 25, 2019

31526_dirs_2019-07-25_c6c2c517-50df-4314-bac7-f156cca4a881.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: 2019-07-23

Reporting Person: Kline John Robert (SVP, AIU)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-07-23 Common Stock S 4523 $19.62 Disposed 170999 Direct
2019-07-23 Common Stock S 266 $19.84 Disposed 170733 Direct

Footnotes

F1: The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 20, 2018.

F2: This transaction was executed in multiple trades at prices ranging from $19.49 to $19.73. 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.

F3: Includes 122,186 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.