William W. Burke - 09 Nov 2022 Form 4 Insider Report for Adtalem Global Education Inc. (ATGE)

Role
Director
Signature
/s/ Lawrence C. Bachman, attorney-in-fact for Mr. Burke
Issuer symbol
ATGE
Transactions as of
09 Nov 2022
Net transactions value
+$69,642
Form type
4
Filing time
14 Nov 2022, 15:29:02 UTC
Previous filing
08 Aug 2022
Next filing
23 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATGE Common Stock Award $125,082 +2,930 +21% $42.69 16,963 09 Nov 2022 Direct F1, F2
transaction ATGE Common Stock Tax liability $55,440 -1,292 -7.6% $42.91 15,671 10 Nov 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common stock is a restricted stock unit which represents a right to receive one share of common stock for each restricted stock unit. Stock units vest 100% on the one year anniversary of the transaction date.
F2 The number of restricted stock units awarded to the Reporting Person was determined by dividing the total dollar value of director compensation awarded to the Reporting Person by $42.69, the closing price of ATGE common stock on November 9, 2022.
F3 Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units.