SEC Form 4 · accession 0001181431-15-003069
CAPELLA EDUCATION CO · CPLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven L. Polacek
Officer — SVP & CFO
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 5:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001104349
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted stock unitF1 | — | Feb 19, 2015 | A | 4,715 | A | — | — | Common stock | 4,715 | 4,715 | D |
| Stock option (right to buy)F2 | $65.40 | Feb 19, 2015 | A | 15,382 | A | — | Feb 19, 2025 | Common stock | 15,382 | 15,382 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one share of CPLA common stock. The restricted stock units vest and will be settled in vested shares after a three-year cliff vesting period, effective 2/19/2018.
- F2This option becomes exercisable in four equal, annual installments beginning on the first anniversary of the date of the grant, 2/19/2016.