SEC Form 4 · accession 0001209191-16-101992
CAPELLA EDUCATION CO · CPLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter M Ramstad
Officer — SVP & Chief HR Officer
Period of report
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 5:12 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 UnitsF1 | — | Feb 22, 2016 | A | 3,689 | A | — | — | Common Stock | 3,689 | 3,689 | D |
| Stock Option (right to buy)F2 | $45.46 | Feb 22, 2016 | A | 16,051 | A | — | Feb 21, 2026 | Common Stock | 16,051 | 16,051 | 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 2/22/19.
- F2This option becomes exercisable in four equal, annual installments beginning on the first anniversary of the date of the grant, 2/22/2017.