SEC Form 4 · accession 0001209191-17-013995
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
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 6:24 pm EST
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 | Feb 21, 2017 | M | 4,578 | — | A | 37,750 | D | |
| Common Stock | Feb 21, 2017 | F | 1,391 | $77.00 | D | 36,359 | D | |
| Common Stock | Feb 22, 2017 | S | 12 | $77.00 | D | 36,347 | D | |
| Common StockF2 | Feb 23, 2017 | S | 3,175 | $76.00 | D | 33,172 | 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 UnitsF1 | — | Feb 21, 2017 | M | 4,578 | D | Feb 21, 2017 | Feb 21, 2017 | Common Stock | 4,578 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represented the right to receive, upon vesting, one share of CPLA common stock. 4,578 restricted stock units vested on February 21, 2017 and were settled for an equal number of shares of CPLA common stock.
- F2Includes 11,565 restricted stock units, which upon vesting, will be settled in shares of CPLA common stock on a 1:1 basis. These restricted stock units had previously been reported in Table II.