CAREER EDUCATION CORP 4
4 · CAREER EDUCATION CORP · Filed Jun 16, 2015
Insider Transaction Report
Form 4
HLAVINKA LYSA A
SVP, Strategic Initiatives
Transactions
- Disposition to Issuer
Common Stock
2015-06-14$4.01/sh−11,569$46,392→ 31,053 total - Exercise/Conversion
Common Stock
2014-06-14+11,569→ 42,622 total - Exercise/Conversion
Common Stock
2015-06-14+11,569→ 42,622 total - Exercise/Conversion
Cash-Settled RSU
2014-06-14−11,569→ 34,708 totalExp: 2017-06-14→ Common Stock (11,569 underlying) - Disposition to Issuer
Common Stock
2014-06-14$4.83/sh−11,569$55,878→ 31,053 total - Exercise/Conversion
Cash-Settled RSU
2015-06-14−11,569→ 23,139 totalExp: 2017-06-14→ Common Stock (11,569 underlying)
Footnotes (4)
- [F1]Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock.
- [F2]Included 24,626 restricted stock units granted pursuant to the Career Education Corporation 2008 Incentive Compensation Plan, with each unit representing a contingent right to receive one share of Issuer's common stock.
- [F3]The remaining Cash-Settled RSUs vest in three annual installments on June 14, 2015, 2016 and 2017.
- [F4]The remaining Cash-Settled RSUs vest in two annual installments: 11,569 units on June 14, 2016 and 11,570 units on June 14, 2017.