Swenson Craig D. 4

Accession 0001209191-12-045947

CIK 0000880059other

View on SEC.gov Company Profile

Filed

Sep 17, 8:00 PM ET

Accepted

Sep 18, 3:54 PM ET

Size

24.7 KB

Accession

0001209191-12-045947

Insider Transaction Report

Form 4

Period: 2012-09-13

EDUCATION MANAGEMENT CORPORATIONEDMC

Swenson Craig D.

President, Argosy University

Transactions

Award
Employee Stock Options (right to buy
2012-09-13+22,795→ 22,795 total
Exercise: $3.59Exp: 2019-05-15→ Common Stock (22,795 underlying)
Award
Employee Stock Options (right to buy)
2012-09-13+15,426→ 15,426 total
Exercise: $3.59Exp: 2019-09-30→ Common Stock (15,426 underlying)
Award
Employee Stock Options (right to buy)
2012-09-13+42,553→ 42,553 total
Exercise: $3.59Exp: 2021-11-03→ Common Stock (42,553 underlying)
Award
Employee Stock Options (right to buy)
2012-09-13+22,795→ 22,795 total
Exercise: $3.59From: 2013-09-13Exp: 2019-05-15→ Common Stock (22,795 underlying)
Disposition to Issuer
Employee Stock Options (right to buy)
2012-09-13−35,789→ 35,789 total
Exercise: $21.46Exp: 2018-05-15→ Common Stock (35,789 underlying)
Disposition to Issuer
Employee Stock Options (right to buy)
2012-09-13−22,369→ 22,369 total
Exercise: $18.00Exp: 2019-09-30→ Common Stock (22,369 underlying)
Disposition to Issuer
Employee Stock Options (right to buy)
2012-09-13−35,789→ 35,789 total
Exercise: $21.46Exp: 2018-05-15→ Common Stock (35,789 underlying)
Disposition to Issuer
Employee Stock Options (right to buy)
2012-09-13−60,000→ 60,000 total
Exercise: $20.93Exp: 2021-11-03→ Common Stock (60,000 underlying)
Disposition to Issuer
Employee Stock Options (right to buy)
2012-09-13−75,000→ 75,000 total
Exercise: $14.68Exp: 2020-09-29→ Common Stock (75,000 underlying)
Award
Employee Stock Options (right to buy)
2012-09-13+57,692→ 57,692 total
Exercise: $3.59Exp: 2020-09-29→ Common Stock (57,692 underlying)

Footnotes (11)

[F1]Options were to vest in five equal annual installments on each May 15, 2009 to 2013.
[F10]Of these options, 50% vest on September 13, 2013, 25% vest on September 30, 2013 and 25% vest on September 30, 2014.
[F11]Of these options, 25% vest on September 13, 2013 and the remainder vest in three equal annual installments on each November 3, 2013 to 2015.
[F2]The reporting person agreed to cancellation of these options in exchange for new options having a lower exercise price.
[F3]Options were to vest based on investment returns to certain of the Company's shareholders.
[F4]Options were to vest in four equal annual installments on each October 1, 2010 to 2013.
[F5]Options were to vest in four equal annual installments on each September 30, 2011 to 2014.
[F6]Options were to vest in four equal annual installments on each November 3, 2012 to 2015.
[F7]The reporting person agreed to the cancellation of options previously granted to him in exchange for new options having a lower exercise price.
[F8]Options vest based on investment returns to certain of the Company's shareholders, which have not been staisfied.
[F9]Of these options, 75% vest on September 13, 2013 and 25% vest on October 1, 2013.

Documents

1 file

4
c29980_4x0.xmlPrimary
MAIN DOCUMENT DESCRIPTION

Issuer

EDUCATION MANAGEMENT CORPORATION

CIK 0000880059

→

Entity typeother

Related Parties

filerCIK 0001473632

Filing Metadata

Form type: 4
Filed: Sep 17, 8:00 PM ET
Accepted: Sep 18, 3:54 PM ET
Size: 24.7 KB

View on SEC.gov