FOWLER F DAVID 4
4 · AMERICAN PUBLIC EDUCATION INC · Filed May 10, 2011
Insider Transaction Report
Form 4
FOWLER F DAVID
Director
Transactions
- Award
Common Stock, par value $.01
2011-05-06+970→ 23,515 total - Award
Common Stock, par value $.01
2011-04-01+215→ 22,545 total
Footnotes (2)
- [F1]Prior to the beginning of the year the reporting person elected to receive common stock in lieu of cash for all of his annual retainer, which retainer is paid in quarterly installments.
- [F2]In connection with the American Public Education, Inc. (the "Company") annual meeting of stockholders, and pursuant to the directors' compensation policy for non-employee directors of 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 2012 annual meeting of stockholders.