Home > Insider Trading > Filing (0001209191-19-050480)

Filing Details

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
1316824	David Jeffrey Ayers	Career Education Corporation 231 N. Martingale Road Schaumburg IL 60173	Svp, General Counsel	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
Common Stock	Acquisiton	2019-09-20	19,325	$7.33	219,100	No	4	M	Direct
Common Stock	Acquisiton	2019-09-20	20,364	$8.63	239,464	No	4	M	Direct
Common Stock	Disposition	2019-09-20	39,689	$17.15	199,775	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
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	Non-Qualified Option (right to buy)	Disposition	2019-09-20	19,325	$0.00	19,325	$7.33
Common Stock	Non-Qualified Option (right to buy)	Disposition	2019-09-20	20,364	$0.00	20,364	$8.63

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
28,215		2024-03-04	No	4	M	Direct
0		2022-02-28	No	4	M	Direct

Footnotes

The option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 12, 2019.
This transaction was executed in multiple trades at prices ranging from $17.00 to $17.82. 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.
Includes 150,897 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.
On March 4, 2014 the Reporting Person was granted 47,540 non-qualified stock options. The option grant vested in four installments on March 14, 2015, 2016, 2017 and 2018.
On March 1, 2012 the Reporting Person was granted 20,364 non-qualified stock options. The option grant vested in four installments on March 1, 2013, 2014, 2015 and 2016.