Offerman Michael J 4
4 · CAPELLA EDUCATION CO · Filed May 13, 2010
Insider Transaction Report
Form 4
Offerman Michael J
Vice Chairman
Transactions
- Award
Restricted stock unit
2010-05-11+975→ 975 total→ Common stock (975 underlying) - Award
Stock option (right to buy)
2010-05-11+6,900→ 6,900 totalExercise: $89.09Exp: 2017-05-10→ Common stock (6,900 underlying)
Footnotes (2)
- [F1]This option becomes exercisable in four equal installments beginning on the first anniversary of the date of the grant, 5/11/11.
- [F2]Each restricted stock unit represents the right to receive one share of CPLA common stock. The restricted stock units vest and will be settled in vested shares after a three-year cliff vesting period, effective 5/11/13.