SEC Form 4 · accession 0001123292-18-000529
AMERICAN PUBLIC EDUCATION INC · APEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard W Sunderland Jr.
Officer — EVP, Chief Financial Officer
Period of report
Mar 8, 2018
Accepted (ET)
Mar 12, 2018 · 9:07 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 | Mar 8, 2018 | A | 3,046 | $0.00 | A | 41,988 | D | |
| Common Stock, par value $.01 | Mar 8, 2018 | F | 311 | $40.20 | D | 41,677 | 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, 2017. Award vests in three equal installments, with one third vesting on March 8, 2018, one third vesting on January 30, 2019 and one third vesting on January 30, 2020.
- 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.