SEC Form 4 · accession 0001209191-18-048372
PERDOCEO EDUCATION Corp · PRDO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory L. Jackson
Director
Period of report
Aug 22, 2018
Accepted (ET)
Aug 24, 2018 · 4:31 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 Stock | Aug 22, 2018 | M | 24,000 | $14.96 | A | 62,291 | D | |
| Common StockF1 | Aug 22, 2018 | S | 21,828 | $16.46 | D | 40,463 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Option (right to buy)F2 | $14.96 | Aug 22, 2018 | M | 24,000 | D | — | Nov 16, 2018 | Common Stock | 24,000 | 0 | D |
Explanation of responses
- F1Includes 14,619 deferred stock units ("DSU") granted pursuant to the Career Education Corporation 2008 Incentive Compensation Plan, with each DSU representing the contingent right to receive one share of Issuer's common stock upon Reporting Person's termination of service from the Issuer.
- F2On November 17, 2008 the Reporting Person was granted 24,000 non-qualified stock options. The option grant vested in three installments on November 17, 2008, 2009 and 2010.