SEC Form 4 · accession 0001209191-17-019189
PERDOCEO EDUCATION Corp · PRDO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David C. Czeszewski
Officer — SVP, CIO
Period of report
Mar 6, 2017
Accepted (ET)
Mar 8, 2017 · 2:14 pm EST
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,F3 | Mar 6, 2017 | A | 5,088 | $0.00 | A | 94,318 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualifed Stock Option (right to buy)F4 | $8.30 | Mar 6, 2017 | A | 14,932 | A | — | Mar 6, 2027 | Common Stock | 14,932 | 14,932 | D |
Explanation of responses
- F1Restricted stock units granted pursuant to the Career Education Corporation 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock. The units shall vest in four equal installments on each of March 14, 2018, 2019, 2020 and 2021.
- F2Includes 17,419 restricted stock units granted pursuant to the Career Education Corporation 2008 or 2016 Incentive Compensation Plans, with each unit representing the contingent right to receive one share of Issuer's common stock.
- F3Includes 2,727 shares acquired under the Career Education Corporation Employee Stock Purchase Plan.
- F4Exercisable in four equal installments on each of March 14, 2018, 2019, 2020 and 2021.