SEC Form 4 · accession 0001209191-16-117526
CAPELLA EDUCATION CO · CPLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Lomax
Director
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 6:21 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 2, 2016 | M | 1,894 | — | A | 7,123 | D | |
| Common StockF2,F3 | May 3, 2016 | A | 1,844 | — | A | 8,967 | 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 2, 2016 | M | 1,894 | D | May 2, 2016 | May 2, 2016 | Common Stock | 1,894 | 0 | D |
Explanation of responses
- F1Represents restricted stock units that vested on May 2, 2016 and will be settled in shares of CPLA common stock on a 1:1 basis at the time the reporting person leaves the board or the company experiences a change-in-control.
- F2Represents restricted stock units that will vest in full on May 1, 2017, and will be settled in shares of CPLA common stock on a 1:1 basis at the time the reporting person leaves the board or the company experiences a change-in-control.
- F3Includes 1,844 restricted stock units that will vest on May 1, 2017, and 3,621 deferred stock units, all of which will be settled in shares of common stock on a 1:1 basis at the time the reporting person leaves the board or the company experiences a change-in-control.