SEC Form 4 · accession 0001123292-17-000962
AMERICAN PUBLIC EDUCATION INC · APEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy J Landon
Director
Period of report
May 15, 2017
Accepted (ET)
May 17, 2017 · 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 $.01F1 | May 15, 2017 | A | 3,105 | $24.15 | A | 16,934 | D | |
| Common Stock, par value $.01 | May 15, 2017 | S | 400 | $24.95 | D | 16,534 | 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"), the Company's compensation committee annually grants each non-employee director an award of restricted common stock of the Company having a value of $75,000 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 2018 annual meeting of stockholders.
- F2The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.