ITT EDUCATIONAL SERVICES INC 4
4 · ITT EDUCATIONAL SERVICES INC · Filed Jun 19, 2015
Insider Transaction Report
Form 4
MCCORMACK JUNE M
President, Online Division
Transactions
- Award
Employee Stock Option (Right to Buy)
2015-06-17+10,000→ 10,000 totalExercise: $4.91Exp: 2022-06-17→ Common Stock (10,000 underlying) - Award
Common Stock
2015-06-17+4,500→ 22,141 total
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 February 9, 2016, 2017 and 2018, 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 February 9, 2016, 2017 and 2018.