CAREER EDUCATION CORP 4

4 · CAREER EDUCATION CORP · Filed Apr 27, 2004

Insider Transaction Report

Form 4

Period: 2004-04-23

CAREER EDUCATION CORPCECO

STEELE TODD H

Pres., Int'l & Start-up Div.

Transactions

Exercise/Conversion
Common Stock
2004-04-23$22.07/sh+13,000$286,845→ 146,814 total
Exercise/Conversion
Common Stock
2004-04-23$4.66/sh+35,000$162,971→ 101,814 total
Exercise/Conversion
Common Stock
2004-04-23$6.00/sh+32,000$192,000→ 133,814 total
Exercise/Conversion
Common Stock
2004-04-23$3.28/sh+4,000$13,125→ 194,814 total
Exercise/Conversion
Common Stock
2004-04-23$2.47/sh+22,000$54,314→ 66,814 total
Exercise/Conversion
Stock Option (right to buy)
2004-04-23−13,000→ 83,000 total
Exercise: $22.07Exp: 2012-05-16→ Common Stock (13,000 underlying)
Exercise/Conversion
Common Stock
2004-04-23$2.95/sh+38,000$112,218→ 190,814 total
Exercise/Conversion
Stock Option (right to buy)
2004-04-23−32,000→ 32,000 total
Exercise: $6.00Exp: 2010-06-27→ Common Stock (32,000 underlying)
Exercise/Conversion
Stock Option (right to buy)
2004-04-23−35,000→ 32,000 total
Exercise: $4.66Exp: 2009-05-19→ Common Stock (35,000 underlying)
Exercise/Conversion
Stock Option (right to buy)
2004-04-23−4,000→ 0 total
Exercise: $3.28From: 2003-07-29Exp: 2008-07-28→ Common Stock (4,000 underlying)
Exercise/Conversion
Common Stock
2004-04-23$12.63/sh+6,000$75,750→ 152,814 total
Exercise/Conversion
Stock Option (right to buy)
2004-04-23−22,000→ 0 total
Exercise: $2.47From: 2003-03-05Exp: 2008-03-04→ Common Stock (22,000 underlying)
Exercise/Conversion
Stock Option (right to buy)
2004-04-23−38,000→ 32,000 total
Exercise: $2.95Exp: 2009-09-26→ Common Stock (38,000 underlying)
Sale
Common Stock
2004-04-23$67.71/sh−150,000$10,156,500→ 44,814 total
Exercise/Conversion
Stock Option (right to buy)
2004-04-23−6,000→ 100,000 total
Exercise: $12.63Exp: 2011-05-10→ Common Stock (6,000 underlying)

Footnotes (6)

[F1]15,486 shares of which were purchased under the Company's Employee Stock Purchase Plan.
[F2]Immediately exercisable as to 35,000 of the underlying shares of Common Stock and exercisable as to the remaining 32,000 underlying shares on May 20, 2004.
[F3]Immediately exercisable as to 32,000 of the underlying shares of Common Stock and exercisable as to the remaining 32,000 underlying shares on June 28, 2004.
[F4]Immediately exercisable as to 24,000 of the underlying shares of Common Stock and exercisable as to 24,000 of the remaining underlying shares on each of May 17, 2004, 2005 and 2006.
[F5]Immediately exercisable as to 6,000 of the underlying shares of Common Stock and exercisable as to 50,000 of the remaining underlying shares on each of May 11, 2004 and 2005.
[F6]Immediately exercisable as to 38,000 of the underlying shares of Common Stock and exercisable as to the remaining 32,000 underlying shares on September 27, 2004.

Documents

1 file

4
edgar.xmlPrimary
FORM 4 -