SEC Form 4 · accession 0001209191-17-066408
CAPELLA EDUCATION CO · CPLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter M Ramstad
Officer — SVP & Chief HR Officer
Period of report
Dec 15, 2017
Accepted (ET)
Dec 19, 2017 · 5:01 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 Stock | Dec 15, 2017 | F | 500 | $79.40 | D | 9,150 | D | |
| Common Stock | Dec 18, 2017 | M | 8,025 | $45.46 | A | 17,175 | D | |
| Common StockF1 | Dec 18, 2017 | F | 5,690 | $80.90 | D | 11,485 | 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 | $45.46 | Dec 18, 2017 | M | 8,025 | D | — | Feb 21, 2026 | Common Stock | 8,025 | 8,026 | D |
Explanation of responses
- F1Includes 5,725 restricted stock units, which upon vesting, will be settled in shares of CPLA common stock on a 1:1 basis.
- F24,013 shares of the option vested on 2/22/17, and 4,012 shares of the option vested on 12/15/17, pursuant to the Compensation Committee of the Board of Directors of Capella Education Company, approving on 12/7/17, the accelerated vesting of 4,012 shares of the option, to facilitate tax planning strategies for the Company and the reporting person.