SEC Form 4 · accession 0001209191-17-028951
CAPELLA EDUCATION CO · CPLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Kevin Gilligan
Officer — Chairman & CEO · Director
Period of report
Apr 27, 2017
Accepted (ET)
May 1, 2017 · 4:32 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 | Apr 27, 2017 | M | 40,350 | $89.09 | A | 145,623 | D | |
| Common StockF1 | Apr 27, 2017 | F | 38,835 | $96.05 | D | 106,788 | D | |
| Common StockF1 | Apr 27, 2017 | M | 41,785 | $32.26 | A | 148,573 | D | |
| Common StockF1 | Apr 27, 2017 | F | 27,409 | $96.05 | D | 121,164 | 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 | $89.09 | Apr 27, 2017 | M | 40,350 | D | — | May 10, 2017 | Common Stock | 40,350 | 0 | D |
| Employee Stock Option (right to buy)F3 | $32.26 | Apr 27, 2017 | M | 41,785 | D | — | Feb 20, 2023 | Common Stock | 41,785 | 0 | D |
Explanation of responses
- F1Includes 35,906 restricted stock units, which upon vesting, will be settled in shares of CPLA common stock on a 1:1 basis.
- F2The option vested in four equal annual installments on May 11, 2011, 2012, 2013, and 2014.
- F3The option vested in four equal annual installments on February 21, 2014, 2015, 2016, and 2017.