SEC Form 4 · accession 0001209191-18-041068
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
Jun 30, 2018
Accepted (ET)
Jul 3, 2018 · 4:24 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 | Jun 30, 2018 | M | 5,565 | — | A | 44,434 | D | |
| Common StockF1,F2 | Jun 30, 2018 | D | 5,565 | — | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash-Settled Restricted Stock UnitsF1 | — | Jun 30, 2018 | M | 5,565 | D | Jun 30, 2018 | Jun 30, 2018 | Common Stock | 5,565 | 0 | D |
Explanation of responses
- F1Each Restricted Stock Unit was the economic equivalent of one share of CPLA common stock. On June 30, 2018, the reporting person's Restricted Stock Units were settled for cash.
- F2Includes 10,971 restricted stock units, which upon vesting, will be settled in shares of CPLA common stock on a 1:1 basis.