Form 4 for PRDO PERDOCEO EDUCATION Corp
Accepted 2024-03-11 00:00:00 ET · period of report 2024-03-07 · accession 0000950170-24-029262 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-03-11 | 2024-03-07 | PRDO | Kline John Robert | SVP, AIU | A - Grant | $0.00 | +27.3K | 173.6K | +19% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-03-07 | A | A | 13,635 | $0.00 | 159,950 | D | — | — | (F1) Time-based restricted stock units granted pursuant to Issuer's 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 March 14, 2025, 2026, 2027 and 2028. |
| 2 | Common | Common Stock | 2024-03-07 | A | A | 13,635 | $0.00 | 173,585 | D | — | — | (F2) Performance-based restricted stock units granted pursuant to Issuer's 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock. This amount represents the target number on the vesting date of March 14, 2027. The actual number of shares issued will range from 0-200% of target based on the level of achievement of certain operating criteria. (F3) Includes 132,408 unvested restricted stock units granted pursuant to Issuer's 2016 Incentive Compensation Plan, with each unit representing the Compensation Plan, with each unit representing the contingent right to receive on share of Issuer's common stock. |