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PERDOCEO EDUCATION Corp — Director's Dealing 2020
Mar 17, 2020
31526_dirs_2020-03-17_ef31d09b-82c2-4af0-9f1b-6c86152f8a96.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PERDOCEO EDUCATION Corp (PRDO)
CIK: 0001046568
Period of Report: 2020-03-14
Reporting Person: NELSON TODD S (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-14 | Common Stock | F | 8422 | $11.03 | Disposed | 750079 | Direct |
| 2020-03-14 | Common Stock | F | 4523 | $11.03 | Disposed | 745556 | Direct |
| 2020-03-14 | Common Stock | F | 4625 | $11.03 | Disposed | 740931 | Direct |
| 2020-03-14 | Common Stock | M | 19011 | — | Acquired | 759942 | Direct |
| 2020-03-14 | Common Stock | D | 19011 | $11.03 | Disposed | 740931 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-14 | Cash-Settled RSU | $ | M | 19011 | Disposed | 2020-03-14 | Common Stock (19011) | Direct |
Footnotes
F1: Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
F2: Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock.
F3: Includes 566,027 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.
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