MODANY KEVIN M 4
4 · ITT EDUCATIONAL SERVICES INC · Filed May 10, 2013
Insider Transaction Report
Form 4
MODANY KEVIN M
DirectorCEO and President
Transactions
- Award
Employee Stock Option (Right to Buy)
2013-05-09+62,500→ 62,500 totalExercise: $19.31Exp: 2020-05-09→ Common Stock (62,500 underlying) - Award
Common Stock
2013-05-09+28,125→ 102,613 total
Holdings
- 228(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Restricted stock units awarded under the ITT Educational Services, Inc. Amended and Restated 2006 Equity Compensation Plan (the "2006 Plan"), a Rule 16b-3 plan. This award will settle in three equal installments on May 9, 2014, 2015 and 2016 in the form of one share of the Company's common stock for each restricted stock unit being settled.
- [F2]Option awarded under the 2006 Plan.
- [F3]The option vests in three equal installments on May 9, 2014, 2015 and 2016.