Form 4 for PRDO PERDOCEO EDUCATION Corp
Accepted 2023-08-22 00:00:00 ET · period of report 2023-08-21 · accession 0001209191-23-046881 · 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 | 2023-08-22 | 2023-08-21+ | PRDO | Hurst Andrew | Pres, CEO, Dir | M - OptEx | $5.47 | +16.5K | 354.2K | +5% | +$90.4K |
| DM | 2023-08-22 | 2023-08-21+ | PRDO | Hurst Andrew | Pres, CEO, Dir | S - Sale+OE | $15.99 | -16.5K | 352.6K | -4% | -$264.0K |
| DM | 2023-08-22 | 2023-08-21+ | PRDO | Hurst Andrew | Pres, CEO, Dir | M - OptEx | $0.00 | -16.5K | 1,204 | -93% | $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 | 2023-08-21 | M | A | 7,500 | $5.00 | 360,141 | D | — | — | |
| 2 | Common | Common Stock | 2023-08-21 | M | A | 7,500 | $5.90 | 367,641 | D | — | — | |
| 3 | Common | Common Stock | 2023-08-21 | S | D | 15,000 | $15.98 | 352,641 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $15.81 to $16.20. 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 | Common | Common Stock | 2023-08-22 | M | A | 306 | $5.00 | 352,947 | D | — | — | |
| 5 | Common | Common Stock | 2023-08-22 | M | A | 1,204 | $5.90 | 354,151 | D | — | — | |
| 6 | Common | Common Stock | 2023-08-22 | S | D | 1,510 | $16.11 | 352,641 | D | — | — | (F2) Includes 215,280 unvested 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. |
| 7 | Derivative | Non-Qualified Option (right to buy) | 2023-08-21 | M | D | 7,500 | $0.00 | 306 | D | $5.00 · — to 2024-05-12 | 7,500 Common Stock | (F3) On May 12, 2014 the Reporting Person was granted 22,806 non-qualified stock options. The option grant vested in four installments on June 14, 2015, 2016, 2017 and 2018. |
| 8 | Derivative | Non-Qualified Option (right to buy) | 2023-08-22 | M | D | 306 | $0.00 | 0 | D | $5.00 · — to 2024-05-12 | 306 Common Stock | (F3) On May 12, 2014 the Reporting Person was granted 22,806 non-qualified stock options. The option grant vested in four installments on June 14, 2015, 2016, 2017 and 2018. |
| 9 | Derivative | Non-Qualified Option (right to buy) | 2023-08-22 | M | D | 1,204 | $0.00 | 0 | D | $5.90 · — to 2025-03-06 | 1,204 Common Stock | (F4) On March 6, 2015 the Reporting Person was granted 23,704 non-qualified stock options. The option grant vested in four installments on March 14, 2016, 2017, 2018 and 2019. |
| 10 | Derivative | Non-Qualified Option (right to buy) | 2023-08-21 | M | D | 7,500 | $0.00 | 1,204 | D | $5.90 · — to 2025-03-06 | 7,500 Common Stock | (F4) On March 6, 2015 the Reporting Person was granted 23,704 non-qualified stock options. The option grant vested in four installments on March 14, 2016, 2017, 2018 and 2019. |