SEC Form 4 · accession 0001123292-19-000455
AMERICAN PUBLIC EDUCATION INC · APEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wallace E. Boston Jr.
Officer — President and CEO · Director
Period of report
Mar 6, 2019
Accepted (ET)
Mar 8, 2019 · 5:58 pm EST
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 6, 2019 | A | 49,733 | $0.00 | A | 427,563 | D | |
| Common Stock, par value $.01 | Mar 6, 2019 | F | 5,065 | $32.90 | D | 422,498 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Performance-based deferred stock unit ("PSU") award pursuant to the American Public Education, Inc. 2017 Omnibus Incentive Plan. Award reflects the achievement of a free cash flow performance measure for the issuer's fiscal year ended December 31, 2018. Award vests in three equal installments, with one third vesting on March 6, 2019, one third vesting on January 15, 2020 and one third vesting on January 15, 2021.
- F2The issuer withheld shares of Common Stock from the reporting person to pay the tax withholding obligations related to the vesting of PSUs.