SEC Form 4 · accession 0001123292-15-001146
AMERICAN PUBLIC EDUCATION INC · APEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karan Powell
Officer — EVP, Provost
Period of report
Aug 31, 2015
Accepted (ET)
Sep 2, 2015 · 4:19 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 $.01 | Aug 31, 2015 | M | 6,600 | $3.29 | A | 22,143 | D | |
| Common Stock, par value $.01 | Aug 31, 2015 | M | 2,518 | $3.29 | A | 24,661 | D | |
| Common Stock, par value $.01F1 | Aug 31, 2015 | S | 9,118 | $21.92 | D | 15,543 | 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 | $3.29 | Aug 31, 2015 | M | 6,600 | D | — | Jul 13, 2016 | Common Stock | 6,600 | 0 | D |
| Employee stock option (right to buy)F2 | $3.29 | Aug 31, 2015 | M | 2,518 | D | — | Jul 13, 2016 | Common Stock | 2,518 | 0 | D |
Explanation of responses
- F1The price of $21.92 per share represents a weighted average of sales prices ranging from $21.74 to $22.05 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
- F2As of the date hereof, all shares underlying the option were exercisable.