SEC Form 4 · accession 0001209191-18-028071
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
May 2, 2018
Accepted (ET)
May 4, 2018 · 4:05 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 | May 2, 2018 | M | 3,686 | $64.99 | A | 39,161 | D | |
| Common StockF1 | May 2, 2018 | F | 2,853 | $96.30 | D | 36,308 | D | |
| Common StockF1 | May 2, 2018 | M | 3,845 | $65.40 | A | 40,153 | D | |
| Common StockF1 | May 2, 2018 | F | 2,988 | $96.30 | D | 37,165 | D | |
| Common StockF1 | May 2, 2018 | M | 5,591 | $45.46 | A | 42,756 | D | |
| Common StockF1 | May 2, 2018 | F | 3,887 | $96.30 | D | 38,869 | 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 | $64.99 | May 2, 2018 | M | 3,686 | D | — | Feb 19, 2024 | Common Stock | 3,686 | 0 | D |
| Employee Stock Option (right to buy)F3 | $65.40 | May 2, 2018 | M | 3,845 | D | — | Feb 18, 2025 | Common Stock | 3,845 | 3,845 | D |
| Employee Stock Option (right to buy)F4 | $45.46 | May 2, 2018 | M | 5,591 | D | — | Feb 21, 2026 | Common Stock | 5,591 | 24,215 | D |
Explanation of responses
- F1Includes 10,971 restricted stock units, which upon vesting, will be settled in shares of CPLA common stock on a 1:1 basis.
- F2This option became exercisable in four equal annual installments beginning on February 20, 2015, which was the first anniversary of the date on which the option was granted.
- F3This option became exercisable in four equal annual installments beginning on February 19, 2016, which was the first anniversary of the date on which the option was granted.
- F4This option became exercisable in four equal annual installments beginning on February 22, 2017, which was the first anniversary of the date on which the option was granted.