Filing Details

Accession Number:
0001209191-20-029180
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-14 16:17:04
Reporting Period:
2020-05-12
Accepted Time:
2020-05-14 16:17:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1046568 Perdoceo Education Corp PRDO Services-Educational Services (8200) 363932190
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1316824 David Jeffrey Ayers Perdoceo 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 Explanation
Common Stock Disposition 2020-05-12 6,576 $15.00 206,676 No 4 S Direct
Common Stock Acquisiton 2020-05-12 22,363 $4.49 229,039 No 4 M Direct
Common Stock Acquisiton 2020-05-12 6,320 $13.80 235,359 No 4 M Direct
Common Stock Acquisiton 2020-05-12 7,274 $8.30 242,633 No 4 M Direct
Common Stock Disposition 2020-05-12 35,957 $15.00 206,676 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
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 2020-05-12 22,363 $0.00 22,363 $4.49
Common Stock Non-Qualified Option (right to buy) Disposition 2020-05-12 6,320 $0.00 6,320 $13.80
Common Stock Non-Qualified Option (right to buy) Disposition 2020-05-12 7,274 $0.00 7,274 $8.30
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2026-03-07 No 4 M Direct
12,640 2028-03-06 No 4 M Direct
7,274 2027-03-06 No 4 M Direct
Footnotes
  1. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 24, 2020.
  2. 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 February 24, 2020.
  3. This transaction was executed in multiple trades at prices ranging from $15.00 to $15.01. 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 166,897 restricted stock units granted pursuant to the Issuer's 2008 or 2016 Incentive Compensation Plans, with each unit representing the contingent right to receive one share of Issuer's common stock.
  5. On March 7, 2016 the Reporting Person was granted 100,608 non-qualified stock options. The option grant vested in four installments on March 14, 2017, 2018, 2019 and 2020.
  6. On March 6, 2018 the Reporting Person was granted 25,280 non-qualified stock options. The option grant vests in four installments on March 14, 2019, 2020, 2021 and 2022.
  7. On March 6, 2017 the Reporting Person was granted 29,096 non-qualified stock options. The option grant vests in four installments on March 14, 2018, 2019, 2020 and 2021.