SEC Form 4 · accession 0001209191-18-058586
Grand Canyon Education, Inc. · LOPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Stan Meyer
Officer — Chief Operating Officer
Period of report
Nov 12, 2018
Accepted (ET)
Nov 14, 2018 · 5:36 pm EST
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 Stock | Nov 12, 2018 | M | 15,000 | $21.10 | A | 112,261 | D | |
| Common StockF2 | Nov 12, 2018 | S | 15,000 | $127.00 | D | 97,261 | D | |
| Common Stock | Nov 13, 2018 | G | 650 | $0.00 | D | 96,611 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $21.10 | Nov 12, 2018 | M | 15,000 | D | Feb 25, 2015 | Feb 24, 2020 | Common Stock | 15,000 | 25,000 | D |
Explanation of responses
- F1These sales were effected pursuant to a 10b5-1 plan adopted by the reporting person dated September 10, 2018.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.82 to $127.99, inclusive. The reporting person undertakes to provide to Grand Canyon Education, Inc., any security holder of Grand Canyon Education, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.