Michael W. Malafronte - Nov 8, 2023 Form 4 Insider Report for Adtalem Global Education Inc. (ATGE)

Role
Director, Chairman of the Board
Signature
/s/ Lawrence C. Bachman, attorney-in-fact for Mr. Malafronte
Stock symbol
ATGE
Transactions as of
Nov 8, 2023
Transactions value $
$82,286
Form type
4
Date filed
11/13/2023, 04:20 PM
Previous filing
Nov 14, 2022
Next filing
Nov 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATGE Common Stock Award $140K +2.53K +2.5% $55.32 104K Nov 8, 2023 Direct F1, F2
transaction ATGE Common Stock Tax liability -$57.7K -1.05K -1.01% $55.19 103K Nov 9, 2023 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 $55.32, the closing price of ATGE common stock on November 8, 2023.
F3 Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units.