ECOLLEGE COM 4
4 · ECOLLEGE COM · Filed Jul 3, 2007
Insider Transaction Report
Form 4
ECOLLEGE COMECLG
MUNDHEIM ROBERT H
Director
Transactions
- Award
Common Stock
2007-06-29+421→ 98,557 total
Footnotes (1)
- [F1]These Deferred Stock Units were granted on June 29, 2007 pursuant to the eCollege.com 2005 Outside Directors Compensation Plan (the "Plan"). Such deferred stock units are payable in eCollege.com common stock on the date on which Mr. Mundheim's service as an outside director terminates. Transactions under the Plan are exempt under Rule 16b-3.