4//SEC Filing
CAREER EDUCATION CORP 4
Accession 0001046568-15-000008
$PRDOCIK 0001046568operating
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 9:52 PM ET
Size
9.7 KB
Accession
0001046568-15-000008
Insider Transaction Report
Form 4
Friesen Jason T
SVP, Treasurer
Transactions
- Award
Cash Settled RSU
2015-03-06+8,712→ 8,712 totalExp: 2019-03-14→ Common Stock (8,712 underlying) - Award
Non-Qualified Stock Option (right to buy)
2015-03-06+46,296→ 46,296 totalExercise: $5.90Exp: 2025-03-06→ Common Stock (46,296 underlying) - Award
Common Stock
2015-03-06+8,712→ 87,193 total
Footnotes (5)
- [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. The restricted stock units shall vest in four equal installments on each of March 14, 2016, 2017, 2018 and 2019.
- [F2]Includes 50,896 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 the Issuer's common stock.
- [F3]Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock.
- [F4]This grant of cash-settled RSUs was approved by the Compensation Committee of Issuer's Board of Directors on March 6, 2015 pursuant to Issuer's 2008 Incentive Compensation Plan. These cash-settled RSUs vest in four equal installments on March 14, 2016, 2017, 2018 and 2019.
- [F5]Exercisable in four equal installments on each of March 14, 2016, 2017, 2018 and 2019.
Documents
Issuer
CAREER EDUCATION CORP
CIK 0001046568
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001046568
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 8:00 PM ET
- Accepted
- Mar 10, 9:52 PM ET
- Size
- 9.7 KB