LINTON MICHAEL 4
4 · CAPELLA EDUCATION CO · Filed Aug 3, 2018
Insider Transaction Report
Form 4
LINTON MIACHEL A
Director
Transactions
- Disposition to Issuer
Common Stock
2018-08-01−10,914→ 0 total
Footnotes (1)
- [F1]Each share of common stock of Capella Education Company ("Capella") reported as disposed of herein was cancelled and converted into the right to receive 0.875 shares of Strategic Education, Inc. (the "Exchange Ratio") at the effective time of the merger pursuant to that certain Agreement and Plan of Merger, dated as of October 29, 2017, by and among Strayer Education, Inc. (which was renamed "Strategic Education, Inc." on August 1, 2018), Capella and Sarg Sub Inc. ("Merger Sub"), whereby the parties thereto effected the merger of Capella into Merger Sub to become a wholly owned subsidiary of Strayer Education, Inc. (the "Merger"). No additional consideration was received in connection with the disposition of such securities.