COLLEGIATE FUNDING SERVICES INC 4
4 · COLLEGIATE FUNDING SERVICES INC · Filed Jul 22, 2005
Insider Transaction Report
Form 4
Reeves John A
EVP, Government Relations
Transactions
- Sale
Common stock
2005-07-21$14.29/sh−1,664$23,778→ 46,534 total
Footnotes (1)
- [F1]On 7/21/2005, vesting occurred for 4,468 previously reported restricted shares granted to Mr. Reeves under the issuer?s stock incentive plan. The sale of 1,664 of those shares on 7/21/2005 was made pursuant to Mr. Reeves? previously adopted plan intended to comply with Rule 10b5-1(c). That plan was adopted to allow for the sale of a portion of the restricted shares, when they vest, sufficient to pay tax withholding.