SEC Form 4 · accession 0001140361-15-024889
ITT EDUCATIONAL SERVICES INC · ESI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rocco F Tarasi III
Officer — SVP, Pres. - CPD
Period of report
Jun 17, 2015
Accepted (ET)
Jun 19, 2015 · 8:34 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000922475
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 17, 2015 | A | 2,250 | $0.00 | A | 6,635 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2,F3 | $4.91 | Jun 17, 2015 | A | 5,000 | A | — | Jun 17, 2022 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1Restricted stock units awarded under the ITT Educational Services, Inc. Amended and Restated 2006 Equity Compensation Plan (the "2006 Plan"), a Rule 16b-3 plan. This award will settle in three equal installments on February 9, 2016, 2017 and 2018, in the form of one share of the Company's common stock for each restricted stock unit being settled.
- F2Option awarded under the 2006 Plan.
- F3The option vests in three equal installments on February 9, 2016, 2017 and 2018.