SEC Form 4 · accession 0001181431-15-006526
CAPELLA EDUCATION CO · CPLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Linton
Director
Period of report
May 1, 2015
Accepted (ET)
May 5, 2015 · 6:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001104349
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | May 1, 2015 | M | 1,727 | — | A | 7,272 | D | |
| Common stockF2 | May 4, 2015 | S | 525 | $53.35 | D | 6,747 | D |
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 | — | May 1, 2015 | M | 1,727 | D | May 1, 2015 | May 1, 2015 | Common stock | 1,727 | 0 | D |
| Restricted stock unitF3 | — | May 5, 2015 | A | 1,894 | A | — | — | Common stock | 1,894 | 1,894 | D |
Explanation of responses
- F1Each restricted stock unit represented the right to receive, upon vesting one share of CPLA common stock. 1,727 restricted stock units vested on May 1, 2015 and were settled for an equal number of shares of CPLA common stock.
- F2Sales made during the normal course of business on 5/4/2015 at prices ranging from $53.35 to $53.3501.
- F3Each 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 one-year cliff vesting period, effective May 1, 2016.
Remarks
Linton POA 050415 attached