SEC Form 4 · accession 0001123292-15-000900
AMERICAN PUBLIC EDUCATION INC · APEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy T Weglicki
Director
Period of report
Jun 12, 2015
Accepted (ET)
Jun 16, 2015 · 4:49 pm EDT
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 $.01F1,F2 | Jun 12, 2015 | A | 2,122 | $0.00 | A | 35,348 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Under the director compensation policy for non-employee directors of American Public Education, Inc. (the "Company"), as revised effective January 1, 2014, the Company's compensation committee annually grants each non-employee director an award of restricted common stock of the Company having a value of $55,000 on the date of grant. The shares vest on the earlier of the one year anniversary of the date of grant and immediately prior to the 2016 annual meeting of stockholders.
- F2Mr. Weglicki directly owns 30,156 shares and indirectly owns 5,192 shares owned by The Timothy T. Weglicki Irrevocable Trust dated March 11, 1999, with respect to which shares Mr. Weglicki disclaims beneficial ownership except to the extent of his pecuniary interest therein.