Form Type: 4

SEC EDGAR Link
Acccession Number:0001209191-19-060690
Date:2019-12-14
Issuer: CAREER EDUCATION CORP (CECO)
Original Submission Date:

Reporting Person:

KLINE JOHN ROBERT
CAREER EDUCATION CORPORATION
231 N. MARTINGALE ROAD SCHAUMBURG, IL 60173

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-12-14 M 4,060 a $0.00 193,803 direct
COMMON STOCK 2019-12-14 D 4,060 d $17.34 189,743 direct
COMMON STOCK 2019-12-14 F 1,196 d $17.34 188,547 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
CASH-SETTLED RSU 0.0 2019-12-14 deemed execution date M 4,060 (d) 2019-12-14 2019-12-14 common stock 4,060 $0.00 0 direct
Footnotes
IDfootnote
f1 each cash-settled rsu is the economic equivalent of one share of issuer's common stock.
f2 reflects shares of common stock surrendered to the company to satisfy tax withholding obligations in connection with the vesting of restricted stock or stock units.
f3 includes 144,636 restricted stock units granted pursuant to the career education corporation 2008 or 2016 incentive compensation plans, with each unit representing the contingent right to receive one share of issuer's common stock.

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