WEBER VIN 4
4 · ITT EDUCATIONAL SERVICES INC · Filed May 13, 2010
Insider Transaction Report
Form 4
WEBER VIN
Director
Transactions
- Sale
Common Stock
2010-05-12$106.30/sh−2,500$265,740→ 19,174 total - Exercise/Conversion
Common Stock
2010-05-12$38.89/sh+2,500$97,225→ 21,674 total - Exercise/Conversion
Stock Option (Right to Buy)
2010-05-12−2,500→ 7,500 totalExercise: $38.89Exp: 2014-05-18→ Common Stock (2,500 underlying)
Footnotes (3)
- [F1]Represents a portion of the 10,000 shares subject to a stock option (right to buy) with an effective grant date of May 18, 2004.
- [F2]This transaction was executed in multiple trades at prices ranging from $106.2922 to $106.30. 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.
- [F3]The option vested in one installment on May 18, 2005.