PERDOCEO EDUCATION Corp — Director's Dealing 2019

Mar 18, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAREER EDUCATION CORP (CECO)
CIK: 0001046568
Period of Report: 2019-03-14

Reporting Person: NELSON TODD S (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-14	Common Stock	F	8422	$16.32	Disposed	519063	Direct
2019-03-14	Common Stock	F	4523	$16.32	Disposed	514540	Direct
2019-03-14	Common Stock	F	4625	$16.32	Disposed	509915	Direct
2019-03-14	Common Stock	M	19011	—	Acquired	528926	Direct
2019-03-14	Common Stock	D	19011	$16.32	Disposed	509915	Direct
2019-03-14	Common Stock	F	16613	$16.32	Disposed	493302	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-14	Cash-Settled RSU	$	M	19011	Disposed	2020-03-14	Common Stock (19011)	Direct

Footnotes

F1: Reflects shares of common stock surrendered to the Company to satisfy tax withholding obligations in connection with the vesting of restricted stock or stock units.

F2: Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock.

F3: Includes 348,774 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.

F4: The remaining cash-settled RSUs vest in one installment on March 14, 2020.