SEC Form 4 · accession 0001209191-18-020120

PERDOCEO EDUCATION Corp · PRDO

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

Reporting owner

Officer — SVP, General Counsel

Period of report

Mar 14, 2018

Accepted (ET)

Mar 16, 2018 · 4:03 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
Common Stock^F1	Mar 14, 2018	F	6,202	$13.85	D	151,129	D
Common Stock^F1	Mar 14, 2018	F	9,303	$13.85	D	141,826	D
Common Stock^F1	Mar 14, 2018	F	1,931	$13.85	D	139,895	D
Common Stock^F1	Mar 14, 2018	F	653	$13.85	D	139,242	D
Common Stock^F1	Mar 14, 2018	F	2,001	$13.85	D	137,241	D
Common Stock^F1	Mar 14, 2018	F	1,099	$13.85	D	136,142	D
Common Stock^F2	Mar 14, 2018	M	2,069	—	A	138,211	D
Common Stock	Mar 14, 2018	D	2,069	$13.85	D	136,142	D
Common Stock^F2	Mar 14, 2018	M	4,515	—	A	140,657	D
Common Stock^F3	Mar 14, 2018	D	4,515	$13.85	D	136,142	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Cash-Settled RSU^F2,F4	—	Mar 14, 2018	M	2,069	D	—	Mar 14, 2019	Common Stock	2,069	2,069	D
Cash-Settled RSU^F2,F5	—	Mar 14, 2018	M	4,515	D	—	Mar 14, 2020	Common Stock	4,515	9,030	D

F1Reflects shares of common stock surrendered to the Company to satisfy tax withholding obligations in connection with the vesting of restricted stock or stock units.
F2Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock.
F3Includes 73,503 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.
F4The remaining cash-settled RSUs vest in one additional installment on March 14, 2019.
F5The remaining cash-settled RSUs vest in two additional installments on March 14, 2019 and 2020.