NELSON TODD S 4
4 · PERDOCEO EDUCATION Corp · Filed Mar 10, 2025
Insider Transaction Report
Form 4
NELSON TODD S
DirectorPresident and CEO
Transactions
- Award
Common Stock
2025-03-06+45,880→ 653,577 total - Award
Common Stock
2025-03-06+45,880→ 699,457 total
Footnotes (3)
- [F1]Time-based 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. These units vest in four equal installments on each of March 14, 2026, 2027, 2028 and 2029.
- [F2]Performance-based 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. This amount represents the target number on the vesting date of March 14, 2028. The actual number of shares issued will range from 0-200% of target based on the level of achievement of certain operating criteria.
- [F3]Includes 516,211 unvested restricted stock units granted pursuant to Issuer's 2016 Incentive Compensation Plan, with each unit representing the Compensation Plan, with each unit representing the contingent right to receive on share of Issuer's common stock. Total number of shares has been adjusted and reduced by 8,000 shares due to an inadvertent subtraction error in a prior report.