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PERDOCEO EDUCATION Corp — Director's Dealing 2023
Mar 10, 2023
31526_dirs_2023-03-09_9488baf7-9067-47d7-9ac3-ed76472a4730.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: 2023-03-07
Reporting Person: NELSON TODD S (Director, Executive Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-07 | Common Stock | A | 73140 | $0.00 | Acquired | 963557 | Direct |
| 2023-03-07 | Common Stock | A | 73140 | $0.00 | Acquired | 1036697 | Direct |
Footnotes
F1: Time-based 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. These units vest in four equal installments on each of March 14, 2024, 2025, 2026 and 2027.
F2: Performance-based 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. This amount represents the target number of shares issuable on the vesting date of March 14, 2026. The actual number of shares issued will range from 0-200% of target based on the level of achievement of certain operating criteria.
F3: Includes 652,297 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.