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PERDOCEO EDUCATION Corp Director's Dealing 2022

Mar 7, 2022

31526_dirs_2022-03-07_5793e620-8f55-414a-9386-f83d6c41e3bb.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: 2022-03-03

Reporting Person: Peppers Michele A (Principal Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-03-03 Common Stock M 6372 $8.30 Acquired 66059 Direct
2022-03-03 Common Stock S 6372 $10.75 Disposed 59687 Direct
2022-03-03 Common Stock S 8316 $10.73 Disposed 51371 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-03-03 Non-Qualified Option (right to buy) $8.30 M 6372 Disposed 2027-03-06 Common Stock (6372) Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $10.74 to $10.77. 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: This transaction was executed in multiple trades at prices ranging from $10.72 to $10.75. 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: Includes 30,005 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.

F4: On March 6, 2017 the Reporting Person was granted 8,496 non-qualified stock options. The option grant vested in four installments on March 14, 2018, 2019, 2020 and 2021.