LALLY THOMAS B 4
4 · PERDOCEO EDUCATION Corp · Filed Sep 3, 2020
Insider Transaction Report
Form 4
LALLY THOMAS B
Director
Transactions
- Sale
Common Stock
2020-09-01$14.55/sh−42,664$620,761→ 42,154 total - Exercise/Conversion
Common Stock
2020-09-01$6.51/sh+16,000$104,160→ 58,154 total - Exercise/Conversion
Non-Qualified Option (right to buy)
2020-09-01−26,664→ 0 totalExercise: $3.93Exp: 2025-05-19→ Common Stock (26,664 underlying) - Exercise/Conversion
Common Stock
2020-09-01$3.93/sh+26,664$104,790→ 84,818 total - Exercise/Conversion
Non-Qualified Option (right to buy)
2020-09-01−16,000→ 0 totalExercise: $6.51Exp: 2022-05-16→ Common Stock (16,000 underlying)
Footnotes (4)
- [F1]This transaction was executed in multiple trades at prices ranging from $14.52 to $14.63. The price reported in Column 4 reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon written request, to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
- [F2]Includes 14,619 vested deferred stock units granted pursuant to Issuer's 2008 Incentive Compensation Plan, with each unit representing the right to receive one share of common stock upon Reporting Person's termination of service from Issuer. Also includes 7,535 restricted stock units granted pursuant to Issuer's 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock upon vesting.
- [F3]On May 17, 2012 the Reporting Person was granted 16,000 non-qualified stock options. The option grant vested in four installments on May 17, 2012, 2013, 2014 and 2015.
- [F4]On May 19, 2015 the Reporting Person was granted 26,664 non-qualified stock options. The option grant vested on June 14, 2016.