Ayers Jeffrey David 4
4 · PERDOCEO EDUCATION Corp · Filed Apr 6, 2021
Insider Transaction Report
Form 4
Ayers Jeffrey David
SVP, Genl Counsel, Corp Secy
Transactions
- Exercise/Conversion
Common Stock
2021-04-05$8.30/sh+7,274$60,374→ 220,554 total - Sale
Common Stock
2021-04-05$12.30/sh−21,394$263,146→ 213,280 total - Sale
Common Stock
2021-04-05$12.31/sh−7,274$89,543→ 213,280 total - Exercise/Conversion
Non-Qualified Option (right to buy)
2021-04-05−7,274→ 0 totalExercise: $8.30Exp: 2027-03-06→ Common Stock (7,274 underlying)
Footnotes (5)
- [F1]The option exercise and sales reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 2, 2021.
- [F2]This transaction was executed in multiple trades at prices ranging from $12.09 to $12.53. The price reported in Column 4 reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon written request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transactions were effected.
- [F3]This transaction was executed in multiple trades at prices ranging from $12.11 to $12.53. The price reported in Column 4 reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon written request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transactions were effected.
- [F4]Includes 173,501 restricted stock units granted pursuant to Issuer's 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock.
- [F5]On March 6, 2017 the Reporting Person was granted 29,096 non-qualified stock options. The option grant vested in four installments on March 14, 2018, 2019, 2020 and 2021.