LAUB WALLACE O 4
4 · CAREER EDUCATION CORP · Filed May 28, 2004
Insider Transaction Report
Form 4
LAUB WALLACE O
Director
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2004-05-26−3,000→ 0 total(indirect: By Trust)Exercise: $22.07From: 2004-05-17Exp: 2012-05-16→ Common Stock (3,000 underlying) - Sale
Common Stock
2004-05-26$65.21/sh−1,000$65,210→ 28,584 total(indirect: See footnote) - Sale
Common Stock
2004-05-26$65.00/sh−2,000$130,000→ 29,584 total(indirect: See footnote) - Exercise/Conversion
Common Stock
2004-05-26$22.07/sh+3,000$66,195→ 31,584 total(indirect: See footnote)
Footnotes (2)
- [F1]The reporting person disclaims beneficial ownership of 40 of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]40 shares by Spouse and balance by Wolcon Living Trust, established August 18, 1997, for whom Mr. Laub is a Co-Trustee.