Santos Teresa Cotton 4
4 · CAREER EDUCATION CORP · Filed Sep 12, 2012
Insider Transaction Report
Form 4
Santos Teresa Cotton
SVP, Chief Ethics and
Transactions
- Award
Common Stock
2012-09-10+12,000→ 12,000 total - Award
Non-Qualified Stock Option (right to buy)
2012-09-10+5,455→ 5,455 totalExercise: $3.51Exp: 2022-09-09→ Common Stock (5,455 underlying)
Footnotes (2)
- [F1]Restricted stock units granted pursuant to the Career Education Corporation 2008 Incentive Compensation Plan, with each restricted stock unit representing a contingent right to receive one share of common stock. Each restricted stock unit shall vest on September 10,2015.
- [F2]Exercisable in four equal installments on each of the first, second, third and fourth anniversaries of the grant date.