Timothy J. Landon - 18 Jan 2022 Form 4 Insider Report for AMERICAN PUBLIC EDUCATION INC (APEI)

Role: Director
Signature: /s/ Richard W. Sunderland, Jr., Attorney-in-Fact
Issuer symbol: APEI
Transactions as of: 18 Jan 2022
Net transactions value: -$38,124
Form type: 4
Filing time: 20 Apr 2022, 16:10:30 UTC
Previous filing: 29 Dec 2021
Next filing: 19 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APEI	Common Stock, par value $.01	Sale	$1,111	-52	-0.28%	$21.36	18,439	18 Jan 2022	Direct	F1, F2
transaction	APEI	Common Stock, par value $.01	Sale	$8,675	-398	-2.2%	$21.80	18,041	18 Jan 2022	Direct	F1, F3
transaction	APEI	Common Stock, par value $.01	Sale	$540	-31	-0.17%	$17.42	18,010	17 Feb 2022	Direct	F1, F4
transaction	APEI	Common Stock, par value $.01	Sale	$7,622	-419	-2.3%	$18.19	17,591	17 Feb 2022	Direct	F1, F5
transaction	APEI	Common Stock, par value $.01	Sale	$10,374	-450	-2.6%	$23.05	17,141	17 Mar 2022	Direct	F1, F6
transaction	APEI	Common Stock, par value $.01	Sale	$9,802	-450	-2.6%	$21.78	16,691	18 Apr 2022	Direct	F1, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2	The price of $21.3633 per share represents a weighted average of sales prices ranging from $21.33 to $21.43 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
F3	The price of $21.7954 per share represents a weighted average of sales prices ranging from $22.55 to $22.44 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
F4	The price of $17.4187 per share represents a weighted average of sales prices ranging from $17.31 to $17.45 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
F5	The price of $18.1914 per share represents a weighted average of sales prices ranging from $17.47 to $18.45 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
F6	The price of $23.0538 per share represents a weighted average of sales prices ranging from $22.40 to $23.38 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
F7	The price of $21.782 per share represents a weighted average of sales prices ranging from $21.28 to $22.02 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.