Filing Details

Accession Number:
0001140361-12-004432
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-01-31 14:30:13
Reporting Period:
2012-01-27
Filing Date:
2012-01-31
Accepted Time:
2012-01-31 14:30:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
922475 Itt Educational Services Inc ESI Services-Educational Services (8200) 362061311
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1174303 M Kevin Modany C/O Itt Educational Services Inc
13000 North Meridian Street
Carmel IN 46032-1404
Ceo Yes 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 2012-01-27 11,354 $0.00 29,603 No 4 M Direct
Common Stock Disposition 2012-01-27 11,354 $62.79 18,249 No 4 D Direct
Common Stock Acquisiton 2012-01-30 10,500 $49.74 28,749 No 4 M Direct
Common Stock Disposition 2012-01-30 10,500 $64.50 18,249 No 4 S Direct
Common Stock Acquisiton 2012-01-30 2,000 $49.74 20,249 No 4 M Direct
Common Stock Disposition 2012-01-30 2,000 $65.00 18,249 No 4 S Direct
Common Stock Acquisiton 2012-01-30 1,069 $49.74 19,318 No 4 M Direct
Common Stock Disposition 2012-01-30 1,069 $66.13 18,249 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 D Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S 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 Restricted Stock Units Disposition 2012-01-27 11,354 $0.00 11,354 $0.00
Common Stock Employee Stock Option (Right to Buy) Disposition 2012-01-30 13,569 $0.00 13,569 $49.74
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2012-01-27 2012-01-27 No 4 M Direct
0 2005-10-24 2012-02-02 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 228 Indirect By Company 401(k) Plan
Footnotes
  1. This transaction relates to the settlement of certain restricted stock units awarded to the reporting person on January 27, 2011. Each restricted stock unit was the economic equivalent to one share of Company common stock. Each of these restricted stock units was settled in cash in an amount equal to the average of the closing market prices of the Company's common stock over the 20 trading days prior to the settlement date of January 27, 2012.
  2. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 8, 2011.
  3. Represents a portion of the 22,400 shares subject to a stock option (right to buy) with an effective grant date of February 2, 2005.
  4. This transaction was executed in multiple trades at prices ranging from $63.9087 to $64.90. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  5. This transaction was executed in multiple trades at prices ranging from $64.91 to $65.54. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  6. This transaction was executed in multiple trades at prices ranging from $65.92 to $66.31. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.