AMERICAN PUBLIC EDUCATION INC 4
4 · AMERICAN PUBLIC EDUCATION INC · Filed Jun 19, 2013
Insider Transaction Report
Form 4
WEGLICKI TIMOTHY T
Director
Transactions
- Award
Common Stock, par value $.01
2013-06-17+1,083→ 28,325 total
Holdings
- 26,400(indirect: See footnote)
Common Stock, par value $.01
- 2,993(indirect: See footnote)
Common Stock, par value $.01
Footnotes (4)
- [F1]Under the directors' compensation policy for non-employee directors of American Public Education, Inc. (the "Company"), the Company's compensation committee annually grants each non-employee director an award of restricted common stock of the Company having a value of $41,750 on the date of grant. The shares vest on the earlier of the one year anniversary of the date of grant and immediately prior to the 2014 annual meeting of stockholders.
- [F2]Mr. Weglicki directly owns 23,133 shares and indirectly owns 5,192 shares owned by The Timothy T. Weglicki Irrevocable Trust dated March 11, 1999 (the "Trust"), which shares Mr. Weglicki disclaims beneficial ownership of except to the extent of his pecuniary interest therein.
- [F3]Mr. Weglicki is a member of ABS Partners VI, LLC, the general partner of ABS Capital Partners VI, LP, ABS Capital Partners VI-A, LP and ABS Capital Partners VI Offshore, LP (together, the "ABS Entities"). ABS Partners VI, LLC exercises voting and dispositive power over the shares held by the ABS Entities. Mr. Weglicki disclaims beneficial ownership of the shares held by the ABS Entities except to the extent of his pecuniary interest therein.
- [F4]Mr. Weglicki is a managing director of ABS Capital Partners, Inc. Mr. Weglicki disclaims beneficial ownership of the shares held by ABS Capital Partners, Inc. except to the extent of his pecuniary interest therein.