4//SEC Filing
EDUCATION MANAGEMENT CORPORATION 4
Accession 0001181431-13-056912
CIK 0000880059operating
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 5:09 PM ET
Size
8.6 KB
Accession
0001181431-13-056912
Insider Transaction Report
Form 4
Novad Mark E.
Senior Vice President of HR
Transactions
- Exercise/Conversion
Common Stock
2013-11-02+5,000→ 5,000 total - Tax Payment
Common Stock
2013-11-02−1,575→ 3,425 total - Exercise/Conversion
Restricted Stock Units
2013-11-02−5,000→ 15,000 total→ Common Stock (5,000 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
Documents
Issuer
EDUCATION MANAGEMENT CORPORATION
CIK 0000880059
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000880059
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 7:00 PM ET
- Accepted
- Nov 5, 5:09 PM ET
- Size
- 8.6 KB