Filing Details

Accession Number:
0001209191-10-048277
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-10-01 17:10:45
Reporting Period:
2010-09-29
Filing Date:
2010-10-01
Accepted Time:
2010-10-01 17:10:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
880059 Education Management Corporation EDMC Services-Educational Services (8200) 251119571
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
831001 Citigroup Inc 399 Park Avenue, 3Rd Floor
New York NY 10043
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-09-29 46,200 $11.96 1,816,306 No 4 S Indirect By Subsidiary
Common Stock Acquisiton 2010-09-30 46,200 $11.96 1,816,306 No 4 P Indirect By Subsidiary
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Subsidiary
No 4 P Indirect By Subsidiary
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Put Option (right to sell) Disposition 2010-09-29 1,650 $1.90 165,000 $10.00
Common Stock Put Option (right to sell) Acquisiton 2010-09-30 1,650 $2.05 165,000 $10.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2011-03-19 2011-03-19 No 4 S Indirect
0 2011-03-19 2011-03-19 No 4 P Indirect
Footnotes
  1. These transactions were made by Citigroup Global Markets Inc. ("CGMI").
  2. The reporting person may be deemed a member of a group beneficially owning 10% or more of the common stock of the issuer within the meaning of Section 13(d) of the Securities Exchange Act of 1934 ("Exchange Act"). Except as set forth below, the reporting person disclaimed beneficial ownership of all securities other than those reported above, and this report shall not be deemed an admission that such a group exists or that the reporting person is the beneficial owner of the securities of such group for purposes of Section 16 or for any other purpose.
  3. The securities reporting herein are directly beneficially owned by Citigroup Private Equity LP ("CPE") and CGMI, each of which is an indirect wholly-owned subsidiary of the reporting person. Citigroup Alternative Investments LLC ("CAI") is the sole stockholder of CPE. Citigroup Financial Products Inc. ("CFP") is the sole stockholder of CGMI. Citigroup Global Markets Holdings Inc. ("CGMH") is the sole stockholder of CFP. Citigroup ("Citigroup") is the sole stockholder of each of CAI and CGMH. CAI, CFP, CGMH and Citigroup are indirect beneficial owners of the securities reported herein.