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PERDOCEO EDUCATION Corp — Director's Dealing 2023
Aug 22, 2023
31526_dirs_2023-08-22_b4f7360e-cbe9-4c4e-b600-511ae59c98ed.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: 2023-08-21
Reporting Person: Hurst Andrew (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-21 | Common Stock | M | 7500 | $5.00 | Acquired | 360141 | Direct |
| 2023-08-21 | Common Stock | M | 7500 | $5.90 | Acquired | 367641 | Direct |
| 2023-08-21 | Common Stock | S | 15000 | $15.98 | Disposed | 352641 | Direct |
| 2023-08-22 | Common Stock | M | 306 | $5.00 | Acquired | 352947 | Direct |
| 2023-08-22 | Common Stock | M | 1204 | $5.90 | Acquired | 354151 | Direct |
| 2023-08-22 | Common Stock | S | 1510 | $16.11 | Disposed | 352641 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-08-21 | Non-Qualified Option (right to buy) | $5.00 | M | 7500 | Disposed | 2024-05-12 | Common Stock (7500) | Direct |
| 2023-08-21 | Non-Qualified Option (right to buy) | $5.90 | M | 7500 | Disposed | 2025-03-06 | Common Stock (7500) | Direct |
| 2023-08-22 | Non-Qualified Option (right to buy) | $5.00 | M | 306 | Disposed | 2024-05-12 | Common Stock (306) | Direct |
| 2023-08-22 | Non-Qualified Option (right to buy) | $5.90 | M | 1204 | Disposed | 2025-03-06 | Common Stock (1204) | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $15.81 to $16.20. 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 215,280 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.
F3: On May 12, 2014 the Reporting Person was granted 22,806 non-qualified stock options. The option grant vested in four installments on June 14, 2015, 2016, 2017 and 2018.
F4: On March 6, 2015 the Reporting Person was granted 23,704 non-qualified stock options. The option grant vested in four installments on March 14, 2016, 2017, 2018 and 2019.