Form 4 for PRDO PERDOCEO EDUCATION Corp
Accepted 2023-09-15 00:00:00 ET · period of report 2023-09-13 · accession 0001209191-23-049583 · 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 | 2023-09-15 | 2023-09-13 | PRDO | Peppers Michele A | Principal Accounting Off | S - Sale+OE | $16.80 | -13.4K | 62.4K | -18% | -$225.1K |
| D | 2023-09-15 | 2023-09-13 | PRDO | Peppers Michele A | Principal Accounting Off | M - OptEx | $13.80 | +8,400 | 75.8K | +12% | +$115.9K |
| D | 2023-09-15 | 2023-09-13 | PRDO | Peppers Michele A | Principal Accounting Off | M - OptEx | $0.00 | -8,400 | 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 | 2023-09-13 | S | D | 8,400 | $16.82 | 67,401 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $16.82 to $16.83. 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. |
| 2 | Common | Common Stock | 2023-09-13 | M | A | 8,400 | $13.80 | 75,801 | D | — | — | |
| 3 | Common | Common Stock | 2023-09-13 | S | D | 5,000 | $16.77 | 62,401 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $16.76 to $16.78. 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. (F3) Includes 33,021 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. |
| 4 | Derivative | Non-Qualified Option (right to buy) | 2023-09-13 | M | D | 8,400 | $0.00 | 0 | D | $13.80 · — to 2028-03-06 | 8,400 Common Stock | (F4) On March 6, 2018 the Reporting Person was granted 8,400 non-qualified stock options. The option grant vested in four installments on March 14, 2019, 2020, 2021 and 2022. |