VAN BUREN MARTIN 4
4 · ITT EDUCATIONAL SERVICES INC · Filed Mar 26, 2010
Insider Transaction Report
Form 4
VAN BUREN MARTIN
SVP, Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
2010-03-24$49.74/sh+2,400$119,376→ 2,400 total - Exercise/Conversion
Stock Option (Right to Buy)
2010-03-26−100→ 4,500 totalExercise: $49.74Exp: 2012-02-02→ Common Stock (100 underlying) - Sale
Common Stock
2010-03-24$115.16/sh−2,400$276,379→ 0 total - Sale
Common Stock
2010-03-26$115.00/sh−100$11,500→ 0 total - Exercise/Conversion
Common Stock
2010-03-26$49.74/sh+100$4,974→ 100 total - Exercise/Conversion
Stock Option (Right to Buy)
2010-03-24−2,400→ 4,600 totalExercise: $49.74Exp: 2012-02-02→ Common Stock (2,400 underlying)
Footnotes (4)
- [F1]The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 18, 2010.
- [F2]Represents a portion of the 7,000 shares subject to a stock option (right to buy) with an effective grant date of February 2, 2005.
- [F3]This transaction was executed in multiple trades at prices ranging from $115.00 to $115.50. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F4]The option vested on October 24, 2005.