Grayeb George K 4
4 · CAREER EDUCATION CORP · Filed Mar 16, 2011
Insider Transaction Report
Form 4
Grayeb George K
Senior VP
Transactions
- Tax Payment
Common Stock
2011-03-13$21.96/sh−4,815$105,737→ 43,239 total - Award
Common Stock
2011-03-14+3,128→ 51,842 total - Tax Payment
Common Stock
2011-03-13$21.96/sh−2,408$52,880→ 48,054 total - Award
Common Stock
2011-03-14+5,475→ 48,714 total - Award
Non-Qualified Stock Option (right to buy)
2011-03-14+17,064→ 17,064 totalExercise: $21.80Exp: 2021-03-13→ Common Stock (17,064 underlying)
Footnotes (3)
- [F1]Reflects shares of common stock surrendered to the Company to satisfy tax withholding obligations in connection with vesting of restricted stock.
- [F2]This grant of restricted stock was approved by the Compensation Committee of the Company's Board of Directors on March 14, 2011. This number represents the maximum number of shares that could become vested assuming full satisfaction of all vesting requirements.
- [F3]Exercisable in four equal annual installments on each of March 14, 2012, 2013, 2014 and 2015.