Accession Number: | 0001209191-20-034446 |
Date: | 2020-06-03 |
Issuer: | PERDOCEO EDUCATION CORP (PRDO) |
Original Submission Date: |
GHIA ASHISH R
PERDOCEO EDUCATION CORPORATION
231 N. MARTINGALE ROAD
SCHAUMBURG, IL 60173
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2020-06-03 | M | 12,472 | a | $13.80 | 256,549 | direct | ||
COMMON STOCK | 2020-06-03 | S | 10,894 | d | $16.97 | 245,655 | direct |
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 Exercisable | Expiration 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 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NON-QUALIFIED OPTION (RIGHT TO BUY) | 13.8 | 2020-06-03 | deemed execution date | M | 12,472 (d) | 2028-03-06 | common stock 12,472 | $13.80 | 12,472 | direct |
ID | footnote |
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f1 | the option exercise and sale reported on this form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on february 24, 2020. |
f2 | this transaction was executed in multiple trades at prices ranging from $16.79 to $17.07. 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 issuer, full information regarding the number of shares and prices at which the transactions were effected. |
f3 | includes 188,776 restricted stock units granted pursuant to issuer's 2008 or 2016 incentive compensation plans, with each unit representing the contingent right to receive one share of issuer's common stock. |
f4 | on march 6, 2018 the reporting person was granted 24,944 non-qualified stock options. the option grant vests in four installments on march 14, 2019, 2020, 2021 and 2022. |