CAPELLA EDUCATION CO 4
4 · CAPELLA EDUCATION CO · Filed May 4, 2016
Insider Transaction Report
Form 4
Smith David W
Director
Transactions
- Exercise/Conversion
Restricted stock unit
2016-05-02−1,894→ 0 totalFrom: 2016-05-02Exp: 2016-05-02→ Common Stock (1,894 underlying) - Exercise/Conversion
Common Stock
2016-05-02+1,894→ 26,036 total - Award
Common Stock
2016-05-03+1,844→ 27,880 total
Footnotes (3)
- [F1]Each restricted stock unit represented the right to receive, upon vesting, one share of CPLA common stock. 1,894 restricted stock units vested on May 2, 2016 and were settled for an equal number of shares of CPLA common stock.
- [F2]Represents restricted stock units that will vest in full on May 1, 2017, and will be settled at that time in shares of CPLA common stock on a 1:1 basis.
- [F3]Includes 1,844 restricted stock units that will vest and be settled in shares of common stock per footnote 2, and 1,727 deferred stock units which will be settled in shares of common stock on a 1:1 basis at the time the reporting person leaves the board of directors or the company experiences a change-in-control.