Form 4 for PRDO PERDOCEO EDUCATION Corp
Accepted 2022-10-31 00:00:00 ET · period of report 2022-10-28 · accession 0001209191-22-054941 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-10-31 | 2022-10-28 | PRDO | Kline John Robert | SVP, AIU | S - Sale+OE | $11.49 | -36.8K | 162.0K | -19% | -$422.5K |
| D | 2022-10-31 | 2022-10-28 | PRDO | Kline John Robert | SVP, AIU | M - OptEx | $11.49 | +23.4K | 198.8K | +13% | +$269.0K |
| D | 2022-10-31 | 2022-10-28 | PRDO | Kline John Robert | SVP, AIU | M - OptEx | $0.00 | -23.4K | 0 | -100% | $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 | 2022-10-28 | S | D | 23,411 | $11.49 | 175,361 | D | — | — | (F1) The option exercise and sale reported on the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 29, 2022. |
| 2 | Common | Common Stock | 2022-10-28 | M | A | 23,411 | $11.49 | 198,772 | D | — | — | |
| 3 | Common | Common Stock | 2022-10-28 | S | D | 13,363 | $11.49 | 161,998 | D | — | — | (F2) The sale reported on the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 29, 2022. (F3) Includes 102,208 unvested restricted stock units granted pursuant to the Issuer's 2008 and 2016 Incentive Compensation Plans, with each unit representing the contingent right to receive one share of Issuer's common stock. |
| 4 | Derivative | Non-qualified Option (right to buy) | 2022-10-28 | M | D | 23,411 | $0.00 | 0 | D | $8.30 · — to 2027-03-06 | 23,411 Common Stock | (F1) The option exercise and sale reported on the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 29, 2022. (F4) On March 6, 2017 the Reporting Person was granted 26,036 non-qualified stock options. The option grant vested in four installments on March 14, 2018, 2019, 2020 and 2021. |