Lyle Logan - 30 Jun 2021 Form 4 Insider Report for Adtalem Global Education Inc. (ATGE)

Role
Director
Signature
/s/ Stephen W. Beard, attorney-in-fact for Mr. Logan
Issuer symbol
ATGE
Transactions as of
30 Jun 2021
Net transactions value
-$6,675
Form type
4
Filing time
12 Jul 2021, 16:23:01 UTC
Previous filing
01 Jun 2021
Next filing
12 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ATGE Common Stock 27,786 30 Jun 2021 Direct

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 ATGE Phantom Stock Units Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $6,675 -187 -11% $35.64 1,460 30 Jun 2021 Common Stock 187 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock entitled the reporting person to receive, on June 30, 2021, one share of Adtalem Global Education Inc.'s common stock or the cash value thereof. Prior to payment, the reporting person had the right to transfer the value of their phantom stock account into an alternative investment account.
F2 Each share of phantom stock entitles the reporting person to receive one share of Adtalem Global Education Inc.'s common stock or the cash value thereof.