4//SEC Filing
CAREER EDUCATION CORP 4
Accession 0001209191-16-107043
$PRDOCIK 0001046568operating
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 5:10 PM ET
Size
10.2 KB
Accession
0001209191-16-107043
Insider Transaction Report
Form 4
Cooper Jeffrey R
SVP, Chief Compliance Officer
Transactions
- Award
Cash-Settled RSU
2016-03-07+6,960→ 6,960 totalExp: 2020-03-14→ Common Stock (6,960 underlying) - Award
Non-Qualified Stock Option (right to buy)
2016-03-07+38,760→ 38,760 totalExercise: $4.49Exp: 2026-03-07→ Common Stock (38,760 underlying) - Award
Common Stock
2016-03-07+6,960→ 17,048 total
Footnotes (5)
- [F1]Restricted stock units granted pursuant to the Career Education Corporation 2008 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock. The restricted stock units shall vest in four equal installments on each of March 14, 2017, 2018, 2019 and 2020.
- [F2]Includes 15,981 restricted stock units granted pursuant to the Career Education Corporation 2008 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock.
- [F3]Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock.
- [F4]This grant of cash-settled RSUs was approved by the Compensation Committee of Issuer's Board of Directors on March 7, 2016 pursuant to the Career Education Corporation 2008 Incentive Compensation Plan. The cash-settled RSUs shall vest in four equal installments on each of March 14, 2017, 2018, 2019 and 2020.
- [F5]Exercisable in four equal installments on each of March 14, 2017, 2018, 2019 and 2020.
Documents
Issuer
CAREER EDUCATION CORP
CIK 0001046568
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001046568
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 5:10 PM ET
- Size
- 10.2 KB