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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1201792	American Public Education Inc	APEI	Services-Educational Services (8200)	010724376

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1333510	T Harry Wilkins	111 West Congress Street Charles Town WV 25414	Evp, Chief Financial Officer	No	Yes	No	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, Par Value $.01	Acquisiton	2013-05-21	8,000	$20.00	35,006	No	4	M	Direct
Common Stock, Par Value $.01	Disposition	2013-05-21	8,000	$39.14	27,006	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee stock option (right to buy)	Disposition	2013-05-21	8,000	$0.00	8,000	$20.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
8,000		2014-11-07	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $.01	112	Indirect	By Wilkins Asset Management, Inc.
Common Stock, Par Value $.01	360	Indirect	By son

Footnotes

The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 Sales Plans.
The reporting person disclaims beneficial ownership, except to the extent of his pecuniary benefit, of the securities owned by Wilkins Asset Management, Inc., and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares for purposes of Section 16 or for any other purpose.
As of the date hereof, all shares underlying the option were exercisable.