Home/Filings/4/0001046568-15-000010
4//SEC Filing

CAREER EDUCATION CORP 4

Accession 0001046568-15-000010

$PRDOCIK 0001046568operating

Filed

Mar 10, 8:00 PM ET

Accepted

Mar 11, 1:45 PM ET

Size

9.7 KB

Accession

0001046568-15-000010

Insider Transaction Report

Form 4
Period: 2015-03-06
Cooper Jeffrey R
SVP, Chief Compliance Officer
Transactions
  • Award

    Common Stock

    2015-03-06+3,98410,700 total
  • Award

    Cash Settled RSU

    2015-03-06+3,9843,984 total
    Exp: 2019-03-14Common Stock (3,984 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2015-03-06+21,18021,180 total
    Exercise: $5.90Exp: 2025-03-06Common Stock (21,180 underlying)
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 10,700 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.

Issuer

CAREER EDUCATION CORP

CIK 0001046568

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001046568

Filing Metadata

Form type
4
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 1:45 PM ET
Size
9.7 KB