Craig S. MacGibbon - 22 May 2024 Form 4 Insider Report for AMERICAN PUBLIC EDUCATION INC (APEI)

Signature
/s/ Richard W. Sunderland, Jr., Attorney-in-Fact
Issuer symbol
APEI
Transactions as of
22 May 2024
Net transactions value
-$73,968
Form type
4
Filing time
23 May 2024, 18:30:21 UTC
Previous filing
22 May 2024
Next filing
09 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APEI Common Stock, par value $.01 Options Exercise $39,145 +2,487 +6% $15.74 44,270 22 May 2024 Direct
transaction APEI Common Stock, par value $.01 Sale $113,113 -6,519 -15% $17.35 37,751 22 May 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction APEI Employee Stock Option (right to buy) Options Exercise $0 -2,487 -26% $0.000000 6,973 22 May 2024 Common Stock 2,487 $15.74 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price of $17.3513 per share represents a weighted average of sale prices ranging from $17.32 to $17.355 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 sold at each separate price.
F2 As of the date hereof, all shares underlying the options were exercisable.