SEC Form 4 · accession 0001209191-18-063070
PERDOCEO EDUCATION Corp · PRDO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ashish R Ghia
Officer — CFO
Period of report
Dec 14, 2018
Accepted (ET)
Dec 18, 2018 · 9:06 am 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 | Dec 14, 2018 | A | 99,400 | $0.00 | A | 200,192 | D | |
| Common StockF2,F3 | Dec 14, 2018 | F | 1,044 | $12.64 | D | 199,148 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Performance-based restricted 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. This amount represents the maximum possible number of shares that could be issued. These units vest on December 14, 2021, subject to the achievement of certain performance criteria.
- F2Reflects shares of common stock surrendered to the Company to satisfy tax withholding obligations in connection with the vesting of restricted stock or stock units.
- F3Includes 168,170 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.