EDUCATION MANAGEMENT CORPORATION 4
4 · EDUCATION MANAGEMENT CORPORATION · Filed Nov 5, 2013
Insider Transaction Report
Form 4
Swenson Craig D.
President, Argosy University
Transactions
- Exercise/Conversion
Common Stock
2013-11-02+9,250→ 9,250 total - Tax Payment
Common Stock
2013-11-02−2,997→ 6,253 total - Exercise/Conversion
Restricted Stock Units
2013-11-02−9,250→ 27,750 total→ Common Stock (9,250 underlying)
Footnotes (5)
- [F1]Represents the vesting of Restricted Stock Units ("RSUs") on the transaction date with delivery of underlying shares of Education Management Corporation Common Stock to occur no later than 60 days after vesting.
- [F2]Represents the delivery of shares of Education Management Corporation Common Stock underlying the vested RSUs to cover tax obligations.
- [F3]Each RSU is the economic equivalent of one share of Education Management Corporation Common Stock.
- [F4]Restricted Stock Units vest in equal installments of 25% per year on each November 2 in the years 2013 through 2016.
- [F5]N/A