Eric C. Andersen - May 21, 2021 Form 4 Insider Report for AMERICAN PUBLIC EDUCATION INC (APEI)

Role: Director
Signature: /s/ Richard W. Sunderland, Jr., Attorney-in-Fact
Stock symbol: APEI
Transactions as of: May 21, 2021
Transactions value $: $79,973
Form type: 4
Date filed: 5/25/2021, 05:30 PM
Previous filing: May 13, 2021
Next filing: Jun 9, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APEI	Common Stock, par value $.01	Award	$80K	+2.85K	+20.93%	$28.11^*	16.4K	May 21, 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Under the director compensation policy for non-employee directors of American Public Education, Inc. (the "Company"), the Company's Management Development & Compensation Committee annually grants each non-employee director an award of restricted common stock of the Company having a value of $80,000 on the date of grant. The shares vest on the earlier of the one year anniversary of the date of grant and immediately prior to the 2022 annual meeting of stockholders.

Content

Under the director compensation policy for non-employee directors of American Public Education, Inc. (the "Company"), the Company's Management Development & Compensation Committee annually grants each non-employee director an award of restricted common stock of the Company having a value of $80,000 on the date of grant. The shares vest on the earlier of the one year anniversary of the date of grant and immediately prior to the 2022 annual meeting of stockholders.