ELWOOD CLARK D 4
4 · ITT EDUCATIONAL SERVICES INC · Filed Feb 15, 2012
Insider Transaction Report
Form 4
ELWOOD CLARK D
Sr VP, Gen Counsel & Secretary
Transactions
- Award
Employee Stock Option (Right to Buy)
2012-02-13+11,000→ 11,000 totalExercise: $75.16Exp: 2019-02-13→ Common Stock (11,000 underlying) - Award
Common Stock
2012-02-13+3,836→ 12,376 total - Award
Common Stock
2012-02-13+7,807→ 20,183 total
Holdings
- 6,097(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Restricted stock units awarded under the 2006 ITT Educational Services, Inc. Equity Compensation Plan (the "2006 Plan"), a Rule 16b-3 plan. This award will settle in three equal installments on February 13, 2013, 2014 and 2015 in the form of one share of the Company's common stock for each restricted stock unit being settled.
- [F2]Restricted stock units awarded under the 2006 Plan. This award will settle in full on February 13, 2015 in the form of one share of the Company's common stock for each restricted stock unit being settled.
- [F3]Option awarded under the 2006 Plan.
- [F4]The option vests in three equal installments on February 13, 2013, 2014 and 2015.