Watt Andrew E 4
4 · Strategic Education, Inc. · Filed Feb 25, 2020
Insider Transaction Report
Form 4
Watt Andrew E
Chief Operating Officer
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2020-02-24−1,316→ 0 totalExercise: $51.96Exp: 2026-02-21→ Common Stock (1,316 underlying) - Sale
Common Stock
2020-02-24$161.04/sh−1,316$211,929→ 13,848 total - Exercise/Conversion
Common Stock
2020-02-24$51.96/sh+1,316$68,379→ 15,164 total
Footnotes (2)
- [F1]Weighted average price, as these shares were sold in multiple transactions at prices ranging from $160.93 to $161.44, inclusive. The reporting person undertakes to provide Strategic Education, Inc. any security holder of Strategic Education, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on September 12, 2019.
- [F2]This option became exercisable in equal annual installments beginning on February 22, 2017, which was the first anniversary of the date on which the option was granted.