PERDOCEO EDUCATION Corp — Director's Dealing 2022

Jun 8, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERDOCEO EDUCATION Corp (PRDO)
CIK: 0001046568
Period of Report: 2022-06-07

Reporting Person: Lally Thomas B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-06-07	Common Stock	M	21129	$5.96	Acquired	80681	Direct
2022-06-07	Common Stock	S	21129	$10.93	Disposed	59552	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-06-07	Non-Qualified Option (right to buy)	$5.96	M	21129	Disposed	2026-05-24	Common Stock (21129)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $10.92 to $10.95. 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.

F2: Includes 14,619 vested deferred stock units granted pursuant to Issuer's 2008 Incentive Compensation Plan, with each unit representing the right to receive one share of Issuer's common stock upon Reporting Person's termination of service from Issuer. Also includes 17,398 restricted stock units granted pursuant to Issuer's Amended and Restated 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock upon vesting.

F3: On May 24, 2016 the Reporting Person was granted 21,129 non-qualified stock options. The option grant vested on June 14, 2017.