SEC Form 4 · accession 0001209191-15-028008
Grand Canyon Education, Inc. · LOPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian E Mueller
Officer — President & CEO · Director
Period of report
Mar 17, 2015
Accepted (ET)
Mar 19, 2015 · 7:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001434588
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 17, 2015 | F | 6,352 | $45.56 | D | 244,362 | D | |
| Common StockF2 | Mar 18, 2015 | A | 34,500 | $0.00 | A | 278,862 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents withholding of shares to pay tax liability incident to the vesting of restricted stock.
- F2Represents a grant of restricted stock that vest 20% on March 1, 2016 (the "First Vesting Date:) and 20% on each of the first four anniversaries of the First Vesting Date. This grant is subject to the condition that its vesting will not be accelerated if a change of control event occurs prior to the First Vesting Date.