SEC Form 4 · accession 0001209191-16-138172
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
Aug 19, 2016
Accepted (ET)
Aug 22, 2016 · 5:53 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 Stock | Aug 19, 2016 | M | 24,785 | $50.53 | A | 43,355 | D | |
| Common Stock | Aug 19, 2016 | F | 21,891 | $62.15 | D | 21,464 | D | |
| Common StockF1 | Aug 22, 2016 | S | 2,894 | $62.00 | D | 18,570 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $50.53 | Aug 19, 2016 | M | 24,785 | D | — | May 9, 2018 | Common Stock | 24,785 | 0 | D |
Explanation of responses
- F1Reflects the weighted average price of 2,894 shares of Issuer common stock sold by the reporting person in multiple transactions on August 22, 2016 at prices ranging from $61.75 to $62.37 per share. The reporting person under takes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares sold at each separate price.
- F2The option became exercisable in four equal, annual installments on May 10, 2012, May 10, 2013, May 10, 2014, and May 10, 2015.