4//SEC Filing
CAPELLA EDUCATION CO 4
Accession 0001181431-15-006535
CIK 0001104349operating
Filed
May 4, 8:00 PM ET
Accepted
May 5, 7:17 PM ET
Size
9.9 KB
Accession
0001181431-15-006535
Insider Transaction Report
Form 4
LOMAX MICHAEL L
Director
Transactions
- Exercise/Conversion
Restricted stock unit
2015-05-01−1,727→ 0 totalFrom: 2015-05-01Exp: 2015-05-01→ Common stock (1,727 underlying) - Exercise/Conversion
Common stock
2015-05-01+1,727→ 5,229 total - Exercise/Conversion
Restricted stock unit
2015-05-05+1,894→ 1,894 total→ Common stock (1,894 underlying)
Footnotes (5)
- [F1]Represents 1,727 deferred stock units the reporting person elected to receive upon the vesting of 1,727 restricted stock units on May 1, 2015. Deferred stock units may be settled only in shares of common stock on a 1:1 basis at the time the reporting person leaves the board or the company experiences a change-in-control.
- [F2]Each deferred stock unit is the economic equivalent of one share of CPLA common stock and was received in settlement of a vested restricted stock unit.
- [F3]Includes 1,727 deferred stock units which will be settled in shares of common stock per footnote 1.
- [F4]Each restricted stock unit represented the right to receive, upon vesting, one share of CPLA common stock or, at the election of the reporting person, one deferred stock unit.
- [F5]Restricted stock units vest after a one-year cliff vesting period, effective May 1, 2016. Vested shares will be settled only in shares of CPLA common stock on a 1:1 basis delivered to the reporting person at the time reporting person leaves the board or the company experiences a change-in-control.
Issuer
CAPELLA EDUCATION CO
CIK 0001104349
Entity typeoperating
Related Parties
1- filerCIK 0001104349
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 7:17 PM ET
- Size
- 9.9 KB