AI assistant
PERDOCEO EDUCATION Corp — Director's Dealing 2021
Apr 6, 2021
31526_dirs_2021-04-06_a057b4ce-721c-424c-8c35-c1571d52521a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PERDOCEO EDUCATION Corp (PRDO)
CIK: 0001046568
Period of Report: 2021-04-05
Reporting Person: Ayers Jeffrey David (SVP, General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-04-05 | Common Stock | S | 21394 | $12.30 | Disposed | 213280 | Direct |
| 2021-04-05 | Common Stock | M | 7274 | $8.30 | Acquired | 220554 | Direct |
| 2021-04-05 | Common Stock | S | 7274 | $12.31 | Disposed | 213280 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-05 | Non-Qualified Option (right to buy) | $8.30 | M | 7274 | Disposed | 2027-03-06 | Common Stock (7274) | Direct |
Footnotes
F1: The option exercise and sales reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 2, 2021.
F2: This transaction was executed in multiple trades at prices ranging from $12.09 to $12.53. 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: This transaction was executed in multiple trades at prices ranging from $12.11 to $12.53. 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.
F4: Includes 173,501 restricted stock units granted pursuant to Issuer's 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock.
F5: On March 6, 2017 the Reporting Person was granted 29,096 non-qualified stock options. The option grant vested in four installments on March 14, 2018, 2019, 2020 and 2021.