SEC Form 4/A · accession 0001123292-16-002065
AMERICAN PUBLIC EDUCATION INC · APEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Karan Powell
Officer — EVP, Provost
Period of report
Mar 1, 2016
Accepted (ET)
Apr 5, 2016 · 4:11 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 $.01F2 | Mar 1, 2016 | A | 1,485 | $0.00 | A | 20,415 | D | |
| Common Stock, par value $.01 | Mar 10, 2016 | F | 160 | $21.06 | D | 20,255 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted Stock Unit Award 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, 2015. Award vests in three equal installments, with one third vesting on March 1, 2016, one third vesting on January 27, 2017 and one third vesting on January 27, 2018.
- F2The original Form 4 for the transaction, filed on March 3, 2016, is being amended due to a calculation error that resulted in the original Form 4 reporting an incorrect number of Restricted Stock Units, and to directly reflect that the issuer withheld shares of Common Stock from the reporting person to pay tax withholding obligations related to the vesting of the Restricted Stock Units.