Filing Details

Accession Number:
0001209191-19-045932
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-08-14 16:42:05
Reporting Period:
2019-08-12
Accepted Time:
2019-08-14 16:42:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1046568 Career Education Corp CECO Services-Educational Services (8200) 363932190
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1676168 C. David Czeszewski Career Education Corporation
231 N. Martingale Road
Schaumburg IL 60173
Svp, Cio 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 Acquisiton 2019-08-12 3,788 $0.00 128,409 No 4 A Direct
Common Stock Acquisiton 2019-08-12 2,800 $0.00 131,209 No 4 A Direct
Common Stock Acquisiton 2019-08-12 8,842 $0.00 140,051 No 4 A Direct
Common Stock Disposition 2019-08-12 15,278 $21.31 124,773 No 4 S Direct
Common Stock Disposition 2019-08-13 2,908 $21.75 122,529 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 A Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. Time-based restricted stock units granted pursuant to the Career Education Corporation 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock. These units vest in four equal installments on each of September 14, 2020, and March 14, 2021, 2022 and 2023.
  2. Performance-based restricted stock units granted pursuant to the Career Education Corporation 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock. This amount represents the maximum possible number of shares that could be issued. These units vest on March 14, 2022, subject to the achievement of certain performance criteria.
  3. This transaction was executed in multiple trades at prices ranging from $21.30 to $21.38. 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.
  4. Includes 664 shares acquired under the Career Education Corporation Employee Stock Purchase Plan.
  5. Includes 65,025 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.