PERDOCEO EDUCATION Corp — Director's Dealing 2020

Jun 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERDOCEO EDUCATION Corp (PRDO)
CIK: 0001046568
Period of Report: 2020-06-03

Reporting Person: Ghia Ashish R (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-03	Common Stock	M	12472	$13.80	Acquired	256549	Direct
2020-06-03	Common Stock	S	10894	$16.97	Disposed	245655	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-03	Non-Qualified Option (right to buy)	$13.80	M	12472	Disposed	2028-03-06	Common Stock (12472)	Direct

Footnotes

F1: The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 24, 2020.

F2: This transaction was executed in multiple trades at prices ranging from $16.79 to $17.07. 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 Issuer, full information regarding the number of shares and prices at which the transactions were effected.

F3: Includes 188,776 restricted stock units granted pursuant to Issuer's 2008 or 2016 Incentive Compensation Plans, with each unit representing the contingent right to receive one share of Issuer's common stock.

F4: On March 6, 2018 the Reporting Person was granted 24,944 non-qualified stock options. The option grant vests in four installments on March 14, 2019, 2020, 2021 and 2022.