DeMarco Michael L 4

4 · PEOPLES EDUCATIONAL HOLDINGS · Filed Feb 14, 2011

Form 4

Period: 2011-02-10

Chief Financial Officer

Transactions

Disposition to Issuer
Stock Option (right to buy)
2002-05-17−30,000→ 0 total
Exercise: $3.00Exp: 2012-05-17→ Common Stock (30,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2008-04-10−10,000→ 0 total
Exercise: $3.05Exp: 2013-04-10→ Common Stock (10,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2003-06-23−15,000→ 0 total
Exercise: $3.60Exp: 2013-06-23→ Common Stock (15,000 underlying)
Award
Stock Option (right to buy)
2011-02-10+14,000→ 14,000 total
Exercise: $2.00From: 2011-02-10Exp: 2018-02-10→ Common Stock (14,000 underlying)
Award
Stock Option (right to buy)
2011-02-10+56,000→ 56,000 total
Exercise: $3.00From: 2011-02-10Exp: 2018-02-10→ Common Stock (56,000 underlying)

Footnotes (3)

[F1]The option became exerciseable in four equal installments: 25% on the Transaction Date and an additional 25% on each anniversary of the Transaction Date.
[F2]The reporting person agreed to the cancellation of outstanding options in exchange for the grant of new options identified in this Table II.
[F3]The Stock Option vests in four equal annual installments: 25% on each of 2/10/2011, 2/10/2012, 2/10/2013 and 2/10/2014.

Documents

1 file