Cooper Jeffrey R 4
4 · ITT EDUCATIONAL SERVICES INC · Filed Jan 30, 2009
Insider Transaction Report
Form 4
Cooper Jeffrey R
SVP, Chief Compliance Officer
Transactions
- Sale
Common Stock
2009-01-29$124.07/sh−5,800$719,606→ 9,200 total - Exercise/Conversion
Stock Option (Right to Buy)
2009-01-29−10,000→ 0 totalExercise: $38.25Exp: 2014-11-03→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2009-01-29$38.25/sh+10,000$382,500→ 10,000 total - Sale
Common Stock
2009-01-29$125.22/sh−9,200$1,152,024→ 0 total - Exercise/Conversion
Common Stock
2009-01-29$49.74/sh+5,000$248,700→ 15,000 total - Exercise/Conversion
Stock Option (Right to Buy)
2009-01-29−5,000→ 0 totalExercise: $49.74Exp: 2012-02-02→ Common Stock (5,000 underlying)
Footnotes (6)
- [F1]Represents a portion of the 15,000 shares subject to a stock option (right to buy) with an effective grant date of November 1, 2004.
- [F2]Represents the 5,000 shares subject to a stock option (right to buy) with an effective grant date of February 2, 2005.
- [F3]This transaction was executed in multiple trades at prices ranging from $123.65 to $124.40. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F4]This transaction was executed in multiple trades at prices ranging from $125.00 to $125.75. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F5]The option vested in three equal installments on November 1, 2005, 2006 and 2007.
- [F6]The option vested in one installment on October 24, 2005.