SEC Form 4 · accession 0001209191-16-117539
CAPELLA EDUCATION CO · CPLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey W Taylor
Director
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 6:26 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 | 17,000 | D | |
| Common StockF2,F3 | May 3, 2016 | A | 1,844 | — | A | 18,844 | 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 of directors 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 of directors or the company experiences a change-in-control.
- F3Includes 1,844 restricted stock units that will vest and be settled in shares of common stock per footnote 2, and 3,621 deferred stock units, that will be settled in shares of common stock on a 1:1 basis at the time the reporting person leaves the board of directors or the company experiences a change-in-control.