Form 4 for PRDO PERDOCEO EDUCATION Corp
Accepted 2023-03-09 00:00:00 ET · period of report 2023-03-08 · accession 0001209191-23-017668 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-09 | 2023-03-08 | PRDO | GROSS PATRICK W | Dir | S - Sale+OE | $13.53 | -16.0K | 59.0K | -21% | -$216.5K |
| D | 2023-03-09 | 2023-03-08 | PRDO | GROSS PATRICK W | Dir | M - OptEx | $2.82 | +16.0K | 75.0K | +27% | +$45.1K |
| D | 2023-03-09 | 2023-03-08 | PRDO | GROSS PATRICK W | Dir | M - OptEx | $2.82 | -16.0K | 0 | -100% | -$45.1K |
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 | 2023-03-08 | S | D | 16,000 | $13.53 | 58,952 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $13.33 to $13.66. 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. (F2) Includes 14,619 vested deferred stock units granted pursuant to Issuer's 2008 Incentive Compensation Plan, with each unit representing the right to receive one share of Issuer's common stock upon Reporting Person's termination of service from Issuer. Also includes 9,050 restricted stock units granted pursuant to Issuer's Amended and Restated 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock upon vesting. |
| 2 | Common | Common Stock | 2023-03-08 | M | A | 16,000 | $2.82 | 74,952 | D | — | — | |
| 3 | Derivative | Non-qualified Option (right to buy) | 2023-03-08 | M | D | 16,000 | $2.82 | 0 | D | $2.82 · — to 2023-05-13 | 16,000 Common Stock | (F3) On May 14, 2013 the Reporting Person was granted 16,000 non-qualified stock options. The option grant vested in four installments on May 14, 2013, 2014, 2015 and 2016. |