TAYLOR RONALD L 4
4 · Adtalem Global Education Inc. · Filed Aug 22, 2018
Insider Transaction Report
Form 4
TAYLOR RONALD L
DirectorOther
Transactions
- Sale
Common Stock
2018-08-20$48.36/sh−15,000$725,400→ 510,615 total
Holdings
- 0
Incentive Stock Option (Right to Buy)
Exercise: $31.75Exp: 2010-08-21→ Common Stock (0 underlying)
Footnotes (4)
- [F1]The common stock is a restricted stock unit which represents a right to receive one share of common stock for each restricted stock unit. Stock units vest 100% on the one year anniversary of the transaction date.
- [F2]The common stock is a restricted stock unit which represents a right to receive one share of common stock for each restricted stock unit. Stock units vest in three equal installments beginning on the anniversary of the transaction date.
- [F3]The common stock is a restricted stock unit which represents a right to receive one share of common stock for each restricted stock unit. The restricted stock units vest in four equal installments beginning on the anniversary of the transaction date. The restricted stock units and the stock appreciation rights reported in this Form 4 were granted to the reporting person to replace the value of stock option grants the reporting person was told he was receiving in 2008, 2010, 2011, and 2012 but were not fulfilled to the extent they exceeded the limit on the number of stock options that may be granted to any individual participant in a one-year period under the DeVry Inc. Amended and Restated 2005 Incentive Plan.
- [F4]This option vests at 20% per year. This option will be fully vested at the end of the 5th year.