Hurst Andrew 4

Accession 0001209191-23-046697

CIK 0001046568other

Filed

Aug 20, 8:00 PM ET

Accepted

Aug 21, 4:15 PM ET

Size

22.8 KB

Accession

0001209191-23-046697

Form 4

Period: 2023-08-17

SVP

Transactions

Exercise/Conversion
Common Stock
2023-08-17$5.00/sh+7,500$37,500→ 360,141 total
Exercise/Conversion
Common Stock
2023-08-18$5.00/sh+7,500$37,500→ 360,141 total
Exercise/Conversion
Common Stock
2023-08-18$5.90/sh+7,500$44,250→ 367,641 total
Sale
Common Stock
2023-08-18$16.02/sh−15,000$240,300→ 352,641 total
Exercise/Conversion
Non-Qualified Option (right to buy)
2023-08-17−7,500→ 15,306 total
Exercise: $5.00Exp: 2024-05-12→ Common Stock (7,500 underlying)
Exercise/Conversion
Common Stock
2023-08-17$5.90/sh+7,500$44,250→ 367,641 total
Sale
Common Stock
2023-08-17$16.12/sh−15,000$241,800→ 352,641 total
Exercise/Conversion
Non-Qualified Option (right to buy)
2023-08-17−7,500→ 16,204 total
Exercise: $5.90Exp: 2025-03-06→ Common Stock (7,500 underlying)
Exercise/Conversion
Non-Qualified Option (right to buy)
2023-08-18−7,500→ 7,806 total
Exercise: $5.00Exp: 2024-05-12→ Common Stock (7,500 underlying)
Exercise/Conversion
Non-Qualified Option (right to buy)
2023-08-18−7,500→ 8,704 total
Exercise: $5.90Exp: 2025-03-06→ Common Stock (7,500 underlying)

Footnotes (5)

[F1]This transaction was executed in multiple trades at prices ranging from $16.02 to $16.23. 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]This transaction was executed in multiple trades at prices ranging from $15.89 to $16.16. 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.
[F3]Includes 215,280 unvested 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.
[F4]On May 12, 2014 the Reporting Person was granted 22,806 non-qualified stock options. The option grant vested in four installments on June 14, 2015, 2016, 2017 and 2018.
[F5]On March 6, 2015 the Reporting Person was granted 23,704 non-qualified stock options. The option grant vested in four installments on March 14, 2016, 2017, 2018 and 2019.

Documents

1 file

PERDOCEO EDUCATION Corp

CIK 0001046568

Entity typeother