SEC Form 4 · accession 0001209191-17-044387
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
Jul 5, 2017
Accepted (ET)
Jul 7, 2017 · 4:25 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,F2,F3 | Jul 5, 2017 | S | 1,891 | $85.0079 | D | 105,273 | D | |
| Common StockF1,F4,F3 | Jul 5, 2017 | S | 109 | $85.467 | D | 105,164 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares sold pursuant to a 10b5-1 plan entered into on May 4, 2017.
- F2Reflects the weighted average sale price for sales made in the normal course of business on July 5, 2017, at prices ranging from $85.00 to $85.05 per share. The reporting person undertakes 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.
- F3Includes 35,906 restricted stock units, which upon vesting, will be settled in shares of CPLA common stock on a 1:1 basis.
- F4Reflects the weighted average sale price for sales made in the normal course of business on July 5, 2017, at prices ranging from $84.90 to $85.50 per share. The reporting person undertakes 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.