TODD S. NELSON - 14 Dec 2021 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Role
President & CEO, Director
Signature
Todd S. Nelson by POA: Michele R. Chaffee
Issuer symbol
PRDO
Transactions as of
14 Dec 2021
Net transactions value
-$744,044
Form type
4
Filing time
16 Dec 2021, 16:16:42 UTC
Next filing
10 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRDO Common Stock Tax liability $744,044 -64,308 -6.4% $11.57 941,748 14 Dec 2021 Direct F1
transaction PRDO Common Stock Disposed to Issuer $0 -16,130 -1.7% $0.000000 925,618 14 Dec 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
F2 Reflects forfeiture of a portion of a performance-based restricted stock unit award.
F3 Includes 446,236 restricted stock units granted pursuant to Issuer's 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock.