SEC Form 4 · accession 0001179110-18-010334

Strategic Education, Inc. · STRA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Robert S Silberman

Officer — Executive Chairman · Director

Period of report

Aug 2, 2018

Accepted (ET)

Aug 6, 2018 · 7:15 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001013934

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F1	Aug 2, 2018	M	33,000	$51.95	A	337,793	D
Common Stock^F2	Aug 2, 2018	S	6,900	$122.11	D	330,893	D
Common Stock^F3	Aug 2, 2018	S	11,915	$122.94	D	318,978	D
Common Stock^F4	Aug 2, 2018	S	5,039	$123.85	D	313,939	D
Common Stock^F5	Aug 2, 2018	S	2,825	$125.21	D	311,114	D
Common Stock^F6	Aug 2, 2018	S	3,021	$126.14	D	308,093	D
Common Stock^F7	Aug 2, 2018	S	2,100	$127.10	D	305,993	D
Common Stock^F8	Aug 2, 2018	S	900	$128.26	D	305,093	D
Common Stock	Aug 2, 2018	S	300	$130.00	D	304,793	D
Common Stock	Aug 3, 2018	M	33,000	$51.95	A	337,793	D
Common Stock^F9	Aug 3, 2018	S	18,502	$122.98	D	319,291	D
Common Stock^F10	Aug 3, 2018	S	6,262	$123.70	D	313,029	D
Common Stock^F11	Aug 3, 2018	S	2,716	$125.25	D	310,313	D
Common Stock^F12	Aug 3, 2018	S	3,120	$125.78	D	307,193	D
Common Stock^F13	Aug 3, 2018	S	2,400	$126.96	D	304,793	D
Common Stock	Aug 6, 2018	M	34,000	$51.95	A	338,793	D
Common Stock^F14	Aug 6, 2018	S	30,662	$123.00	D	308,131	D
Common Stock^F15	Aug 6, 2018	S	3,338	$123.52	D	304,793	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option	$51.95	Aug 2, 2018	M	33,000	D	Feb 15, 2015	Feb 14, 2021	Common Stock	33,000	67,000	D
Stock Option	$51.95	Aug 3, 2018	M	33,000	D	Feb 15, 2015	Feb 14, 2021	Common Stock	33,000	34,000	D
Stock Option	$51.95	Aug 6, 2018	M	34,000	D	Feb 15, 2015	Feb 14, 2021	Common Stcok	34,000	0	D

Explanation of responses

F1Includes 822 shares acquired under the Company's 401(k) plan.
F10Weighted average price, as these shares were sold in multiple transactions at prices ranging from $123.46 to $124.35, inclusive.
F11Weighted average price, as these shares were sold in multiple transactions at prices ranging from $124.525 to $125.52, inclusive.
F12Weighted average price, as these shares were sold in multiple transactions at prices ranging from $125.55 to $126.14, inclusive.
F13Weighted average price, as these shares were sold in multiple transactions at prices ranging from $126.63 to $127.35, inclusive.
F14Weighted average price, as these shares were sold in multiple transactions at prices ranging from $122.39 to $123.37, inclusive.
F15Weighted average price, as these shares were sold in multiple transactions at prices ranging from $123.41 to $123.67, inclusive. The reporting person undertakes to provide Strategic Education, Inc., any security holder of Strategic Education, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in these footnotes.
F2Weighted average price, as these shares were sold in multiple transactions at prices ranging from $121.41 to $122.40, inclusive.
F3Weighted average price, as these shares were sold in multiple transactions at prices ranging from $122.47 to $123.44, inclusive.
F4Weighted average price, as these shares were sold in multiple transactions at prices ranging from $123.50 to $124.36, inclusive.
F5Weighted average price, as these shares were sold in multiple transactions at prices ranging from $124.59 to $125.57, inclusive.
F6Weighted average price, as these shares were sold in multiple transactions at prices ranging from $125.60 to $126.43, inclusive.
F7Weighted average price, as these shares were sold in multiple transactions at prices ranging from $126.70 to $127.52, inclusive.
F8Weighted average price, as these shares were sold in multiple transactions at prices ranging from $127.91 to $128.32, inclusive.
F9Weighted average price, as these shares were sold in multiple transactions at prices ranging from $122.42 to $123.40, inclusive.