Boston Wallace E. Jr. 4/A
4/A · AMERICAN PUBLIC EDUCATION INC · Filed Mar 9, 2020
Insider Transaction Report
Form 4/AAmended
Boston Wallace E. Jr.
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock, par value $.01
2020-03-04$23.65/sh−742$17,548→ 449,887 total - Award
Common Stock, par value $.01
2020-03-04+5,650→ 450,629 total
Footnotes (3)
- [F1]This amendment is being filed to correct a clerical error in the number of securities acquired and to report withholding of shares to pay tax withholding obligations.
- [F2]Performance-based deferred stock unit ("PSU") award pursuant to the American Public Education, Inc. 2017 Omnibus Incentive Plan. Award reflects a level of achievement of adjusted EBITDA and revenue performance measures for the issuer's fiscal year ended December 31, 2019. Award vests in three equal installments, with one third vesting on March 4, 2020, one third vesting on January 21, 2021, and one third vesting on January 21, 2022.
- [F3]The issuer withheld shares of Common Stock from the reporting person to pay the tax withholding obligations related to the vesting of PSUs.