PERDOCEO EDUCATION Corp — Director's Dealing 2023

Nov 21, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERDOCEO EDUCATION Corp (PRDO)
CIK: 0001046568
Period of Report: 2023-11-17

Reporting Person: NELSON TODD S (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-17	Common Stock	M	16000	$8.30	Acquired	701098	Direct
2023-11-17	Common Stock	S	16000	$18.21	Disposed	685098	Direct
2023-11-20	Common Stock	M	14629	$8.30	Acquired	699727	Direct
2023-11-20	Common Stock	S	14629	$17.05	Disposed	685098	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-17	Non-Qualified Option (right to buy)	$8.30	M	16000	Disposed	2027-03-06	Common Stock (16000)	Direct
2023-11-20	Non-Qualified Option (right to buy)	$8.30	M	14629	Disposed	2027-03-06	Common Stock (14629)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $18.04 to $18.39. 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 $16.85 to $17.53. 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: Includes 493,852 unvested 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 122,516 non-qualified stock options. The option grant vested in four installments on March 14, 2018, 2019, 2020 and 2021.