Jeffrey D. Ayers - Dec 17, 2021 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Signature
Jeffrey D. Ayers by POA: Michele R. Chaffee
Stock symbol
PRDO
Transactions as of
Dec 17, 2021
Transactions value $
-$312,669
Form type
4
Date filed
12/21/2021, 07:58 AM
Previous filing
Dec 16, 2021
Next filing
Dec 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRDO Common Stock Sale -$81.3K -6.89K -3.87% $11.80 171K Dec 17, 2021 Direct F1, F2
transaction PRDO Common Stock Sale -$231K -20.2K -11.8% $11.46 151K Dec 20, 2021 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 2, 2021.
F2 This transaction was executed in multiple trades at prices ranging from $11.70 to $11.91. The price reported in Column 4 reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon written request, to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
F3 This transaction was executed in multiple trades at prices ranging from $11.31 to $11.75. The price reported in Column 4 reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon written request, to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
F4 Includes 90,980 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.