MALAFRONTE MICHAEL W 4
4 · Adtalem Global Education Inc. · Filed Nov 14, 2022
Insider Transaction Report
Form 4
MALAFRONTE MICHAEL W
DirectorOther
Transactions
- Award
Common Stock
2022-11-09$42.69/sh+2,930$125,082→ 102,920 total - Tax Payment
Common Stock
2022-11-10$42.91/sh−1,521$65,266→ 101,399 total
Footnotes (3)
- [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 number of restricted stock units awarded to the Reporting Person was determined by dividing the total dollar value of director compensation awarded to the Reporting Person by $42.69, the closing price of ATGE common stock on November 9, 2022.
- [F3]Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units.