DEVRY EDUCATION GROUP INC. 4
4 · DEVRY EDUCATION GROUP INC. · Filed Aug 29, 2016
Insider Transaction Report
Form 4
Dirst Eric P.
Senior Vice President,
Transactions
- Award
Common Stock
2016-08-25+4,100→ 18,796 total - Award
Incentive Stock Option (Right to Buy)
2016-08-25+3,457→ 3,457 totalExercise: $23.78From: 2017-08-25Exp: 2026-08-25→ Common Stock (3,457 underlying) - Tax Payment
Common Stock
2016-08-26$23.48/sh−242$5,682→ 18,554 total - Award
Non-qualified Stock Option (Right to Buy)
2016-08-25+10,368→ 10,368 totalExercise: $23.78From: 2017-08-25Exp: 2026-08-25→ Common Stock (10,368 underlying)
Footnotes (3)
- [F1]The common stock is a restricted stock unit which represents a right to receive one share of common stock for each restricted stock unit. Stock units vest in four equal installments beginning on the anniversary of the transaction date.
- [F2]Includes restricted stock units which represent a right to receive one share of common stock for each restricted stock unit. Each restricted stock units vest 25% on the anniversary of the original grant date and is fully-vested on the four year anniversary of the grant date.
- [F3]This option vests at 25% per year and will be fully vested at the end of the 4th year. This option was issued in two parts - one as an incentive stock option (ISO), and the other as a non-qualified stock option (NQSO) due to the ISO limitations.