Thomas Beckett - Mar 10, 2023 Form 4 Insider Report for AMERICAN PUBLIC EDUCATION INC (APEI)

Role
SVP, General Counsel
Signature
/s/ Richard W. Sunderland, Jr., Attorney-in-Fact
Stock symbol
APEI
Transactions as of
Mar 10, 2023
Transactions value $
-$4,381
Form type
4
Date filed
3/14/2023, 05:23 PM
Previous filing
Mar 1, 2023
Next filing
Mar 21, 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 +2.98K +7.99% $0.00 40.3K Mar 10, 2023 Direct F1
transaction APEI Common Stock, par value $.01 Tax liability -$4.38K -448 -1.11% $9.78 39.8K Mar 10, 2023 Direct F2
* 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, 2022. Award vests in three approximately equal installments on March 10, 2023, January 31, 2024, and January 31, 2025.
F2 The issuer withheld shares of Common Stock from the reporting person to pay the tax withholding obligations related to the vesting of the PSUs.