SEC Form 4 · accession 0001209191-18-024849
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 26, 2018
Accepted (ET)
Apr 13, 2018 · 4:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001104349
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash-settled Restricted Stock UnitsF1,F2 | — | Feb 26, 2018 | A | 5,565 | A | — | — | Common Stock | 5,565 | 5,565 | D |
| Cash-settled Restricted Stock UnitsF1,F3 | — | Feb 26, 2018 | A | 10,057 | A | — | — | Common Stock | 10,057 | 10,057 | D |
Explanation of responses
- F1Each restricted stock unit represents a right to receive cash in an amount equal to the price of one share of CPLA common stock on the vesting date.
- F2The restricted stock units vest on June 30, 2018.
- F3The restricted stock units vest eighteen months from the date of closing of the proposed merger of CPLA and Strayer Education, Inc.