4//SEC Filing
ECOLLEGE COM 4
Accession 0001085653-05-000017
CIK 0001085653operating
Filed
Mar 27, 7:00 PM ET
Accepted
Mar 28, 7:06 PM ET
Size
14.7 KB
Accession
0001085653-05-000017
Insider Transaction Report
Form 4
ECOLLEGE COMECLG
BENJAMIN ARTHUR
EVP ECLG, Chair & CEO Datamark
Transactions
- Award
Stock Appreciation Right
2005-03-23+15,000→ 15,000 totalExercise: $12.67Exp: 2010-03-23→ Common (15,000 underlying)
Footnotes (1)
- [F1]The stock appreciation rights are exercisable on March 23, 2010. At such time, the reporting person will be entitled to receive a distribution of shares of common stock with a value calculated by dividing (x) the excess of (A) the Performance Price over (B) the base price per stock appreciation right, by (y) the Performance Price. The reporting person may elect to receive 10% of his or her distribution on each of March 23, 2008 and March 23, 2009. Subject to vesting provisions, the distribution will accelerate upon the occurrence of a change in control.
Documents
Issuer
ECOLLEGE COM
CIK 0001085653
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001085653
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 7:00 PM ET
- Accepted
- Mar 28, 7:06 PM ET
- Size
- 14.7 KB