Lesnik Steven H 4

4 · CAREER EDUCATION CORP · Filed Feb 20, 2009

Form 4

Period: 2009-02-20

Director

Transactions

Disposition to Issuer
Stock Option
2007-05-17−24,000→ 0 total
Exercise: $33.96Exp: 2017-05-16→ Common Stock (24,000 underlying)
Disposition to Issuer
Stock Option
2006-02-14−18,000→ 0 total
Exercise: $34.86Exp: 2016-02-13→ Common Stock (18,000 underlying)
Award
Stock Option
2009-02-20+18,000→ 18,000 total
Exercise: $34.86Exp: 2016-02-13→ Common Stock (18,000 underlying)
Disposition to Issuer
Stock Option
2006-05-18−24,000→ 0 total
Exercise: $30.80Exp: 2016-05-17→ Common Stock (24,000 underlying)
Award
Stock Option
2009-02-20+24,000→ 24,000 total
Exercise: $30.80Exp: 2016-05-17→ Common Stock (24,000 underlying)
Award
Stock Option
2009-02-20+24,000→ 24,000 total
Exercise: $33.96Exp: 2017-05-16→ Common Stock (24,000 underlying)
Disposition to Issuer
Stock Option
2008-05-13−24,000→ 0 total
Exercise: $18.64Exp: 2018-05-12→ Common Stock (24,000 underlying)
Award
Stock Option
2009-02-20+24,000→ 24,000 total
Exercise: $18.64Exp: 2018-05-12→ Common Stock (24,000 underlying)

Holdings

Footnotes (5)

[F1]Amendment of outstanding options to provide for an extended exercise period following cessation of services as a director, which may result in a deemed cancellation of the option and the grant of a replacement option.
[F2]Grants were fully vested as of February 14, 2008.
[F3]Grants were fully vested as of May 18, 2008.
[F4]Immediately exercisable as to 16,000 of the underlying shares of Common Stock and exercisable as to 8,000 of the remaining underlying shares on May 17, 2009.
[F5]Immediately exercisable as to 8,000 of the underlying shares of Common Stock and exercisable as to 8,000 of the remaining underlying shares on each of May 13, 2009 and 2010.

Documents

1 file