Richard W. Sunderland Jr - Feb 25, 2022 Form 4/A - Amendment Insider Report for AMERICAN PUBLIC EDUCATION INC (APEI)

Role
EVP, Chief Financial Officer
Signature
/s/ Richard W. Sunderland, Jr.
Stock symbol
APEI
Transactions as of
Feb 25, 2022
Transactions value $
-$20,413
Form type
4/A - Amendment
Date filed
3/28/2022, 06:48 PM
Date Of Original Report
Mar 1, 2022
Previous filing
Feb 9, 2022
Next filing
Jan 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APEI Common Stock, par value $.01 Award $0 +10.2K +10.62% $0.00 106K Feb 25, 2022 Direct F1, F2
transaction APEI Common Stock, par value $.01 Tax liability -$20.4K -1.03K -0.98% $19.78 105K Feb 25, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance-based restricted stock unit ("PSU") award pursuant to the American Public Education, Inc. 2017 Omnibus Incentive Plan. Award reflects a level of achievement of adjusted EBITDA and revenue performance measures for the issuer's fiscal year ended December 31, 2021. Award vests in three approximately equal installments, on February 25, 2022, January 22, 2023, and January 22, 2024.
F2 This amendment is being filed to reflect the correction of an administrative error related to the number of shares awarded as reported on the original Form 4.
F3 The issuer withheld shares of Common Stock from the reporting person to pay the tax withholding obligations related to the vesting of PSUs.