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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.