SEC Form 4 · accession 0001209191-15-076876
PERDOCEO EDUCATION Corp · PRDO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason T Friesen
Officer — SVP
Period of report
Oct 24, 2015
Accepted (ET)
Oct 27, 2015 · 3:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001046568
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 24, 2015 | F | 4,560 | $3.94 | D | 51,138 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations upon accelerated vesting of restricted stock units which were scheduled to vest on November 13, 2015. The accelerated vesting was approved by the Compensation Committee of the Board of Directors of the Company in connection with Reporting Person's departure from the Company.
- F2Reflects remaining ownership after forfeiture of restricted stock units in connection with Reporting Person's departure from the Company.