SEC Form 4 · accession 0001123292-15-000221
AMERICAN PUBLIC EDUCATION INC · APEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Harry T Wilkins
Officer — EVP, Chief Development Officer
Period of report
Jan 22, 2015
Accepted (ET)
Jan 26, 2015 · 5:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001201792
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 | Jan 22, 2015 | A | 4,034 | $0.00 | A | 20,366 | D | |
| Common Stock, par value $.01 | Jan 22, 2015 | F | 434 | $34.93 | D | 19,932 | D | |
| Common Stock, par value $.01F3 | holding | — | — | — | 112 | I | By Wilkins Asset Management, Inc. | |
| Common Stock, par value $.01F4 | holding | — | — | — | 360 | I | By son |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted Stock Award Unit pursuant to the American Public Education, Inc. 2011 Omnibus Incentive Plan. Performance-based award reflects the achievement of a free cash flow performance measure for the issuer's fiscal year ended December 31, 2014. Award vests in three equal installments, with one third vesting on January 22, 2015, one third vesting on January 20, 2016 and one third vesting on January 20, 2017.
- F2The issuer withheld shares of Common Stock from the reporting person to pay the tax withholding obligations related to the vesting of equity awards held by the reporting person.
- F3The reporting person disclaims beneficial ownership, except to the extent of his pecuniary benefit, of the securities owned by Wilkins Asset Management, Inc., and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F4The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares for purposes of Section 16 or for any other purpose.