4//SEC Filing
CAREER EDUCATION CORP 4
Accession 0001209191-17-040229
$PRDOCIK 0001046568operating
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 5:42 PM ET
Size
10.6 KB
Accession
0001209191-17-040229
Insider Transaction Report
Form 4
Cederoth Andrew J
SVP and CFO
Transactions
- Disposition to Issuer
Common Stock
2017-06-14$9.80/sh−2,544$24,931→ 21,268 total - Exercise/Conversion
Common Stock
2017-06-14+2,544→ 23,812 total - Exercise/Conversion
Cash-Settled RSU
2017-06-14−2,544→ 7,632 totalExp: 2020-06-14→ Common Stock (2,544 underlying) - Tax Payment
Common Stock
2017-06-14$9.80/sh−792$7,762→ 20,476 total
Footnotes (4)
- [F1]Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock.
- [F2]Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock or stock units.
- [F3]Includes 18,724 restricted stock units granted pursuant to the Career Education Corporation 2008 or 2016 Incentive Compensation Plans, with each unit representing the contingent right to receive one share of Issuer's common stock.
- [F4]The remaining cash-settled RSUs vest in three additional installments on June 14, 2018, 2019 and 2020.
Documents
Issuer
CAREER EDUCATION CORP
CIK 0001046568
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001046568
Filing Metadata
- Form type
- 4
- Filed
- Jun 14, 8:00 PM ET
- Accepted
- Jun 15, 5:42 PM ET
- Size
- 10.6 KB