PERDOCEO EDUCATION Corp — Director's Dealing 2023

Mar 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PERDOCEO EDUCATION Corp (PRDO)
CIK: 0001046568
Period of Report: 2023-03-01

Reporting Person: Jackson Gregory L. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-01	Common Stock	M	11826	$2.82	Acquired	56387	Direct
2023-03-01	Common Stock	S	11826	$13.81	Disposed	44561	Direct
2023-03-02	Common Stock	M	4174	$2.82	Acquired	48735	Direct
2023-03-02	Common Stock	S	4174	$13.60	Disposed	44561	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-01	Non-Qualified Option (right to buy)	$2.82	M	11826	Disposed	2023-05-13	Common Stock (11826)	Direct
2023-03-02	Non-Qualified Option (right to buy)	$2.82	M	4174	Disposed	2023-05-13	Common Stock (4174)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $13.75 to $13.91. 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 14,619 vested deferred stock units granted pursuant to Issuer's 2008 Incentive Compensation Plan, with each unit representing the right to receive one share of Issuer's common stock upon Reporting Person's termination of service from Issuer. Also includes 9,050 restricted stock units granted pursuant to Issuer's Amended and Restated 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock upon vesting.

F3: On May 14, 2013 the Reporting Person was granted 16,000 non-qualified stock options. The option grant vested in four installments on May 14, 2013, 2014, 2015, and 2016.