Budlong Thomas G 4
4 · CAREER EDUCATION CORP · Filed Mar 16, 2011
Insider Transaction Report
Form 4
Budlong Thomas G
Sr. VP
Transactions
- Award
Common Stock
2011-03-14+4,328→ 67,425 total - Award
Common Stock
2011-03-14+7,577→ 63,097 total - Tax Payment
Common Stock
2011-03-13$21.96/sh−4,561$100,160→ 55,520 total - Award
Non-Qualified Stock Option (right to buy)
2011-03-14+23,616→ 23,616 totalExercise: $21.80Exp: 2021-03-13→ Common Stock (23,616 underlying) - Tax Payment
Common Stock
2011-03-13$21.96/sh−2,281$50,091→ 60,081 total
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.