4//SEC Filing
ITT EDUCATIONAL SERVICES INC 4
Accession 0001213900-16-016519
CIK 0000922475operating
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 4:41 PM ET
Size
9.2 KB
Accession
0001213900-16-016519
Insider Transaction Report
Form 4
Zhang Yude
10% Owner
Transactions
- Sale
Common Stock
2016-08-30$0.37/sh−2,009,382$743,471→ 0 total(indirect: See footnote) - Sale
Common Stock
2016-08-29$0.47/sh−1,220,000$573,400→ 2,009,382 total(indirect: See footnote)
Zhang Zhifeng
10% Owner
Transactions
- Sale
Common Stock
2016-08-29$0.47/sh−1,220,000$573,400→ 2,009,382 total(indirect: See footnote) - Sale
Common Stock
2016-08-30$0.37/sh−2,009,382$743,471→ 0 total(indirect: See footnote)
Footnotes (3)
- [F1]On August 29, 2016 and August 30, 2016, the Reporting persons sold all of the then beneficially owned by them in open market transactions. The transaction on August 29, 2016 was executed in multiple trades at prices ranging from $0.43 to $0.50. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon 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 transaction was effected.
- [F2]Shares of Common Stock owned by KHLU Limited. Mr. Zhifeng Zhang is the sole shareholder of the KHLU Limited and has voting and dispositive power over the shares held by KHLU Limited. Mr. Yude Zhang is the director of KHLU Limited and has voting and dispositive power over the shares held by KHLU Limited.
- [F3]This transaction was executed in one trade at $0.37 per share. The transaction on August 30, 2016 was executed in multiple trades at prices ranging from $0.36 to $0.43. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon 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 transaction was effected.
Documents
Issuer
ITT EDUCATIONAL SERVICES INC
CIK 0000922475
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000922475
Filing Metadata
- Form type
- 4
- Filed
- Aug 30, 8:00 PM ET
- Accepted
- Aug 31, 4:41 PM ET
- Size
- 9.2 KB