Patrick W. Gross - Mar 2, 2022 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Role
Director
Signature
Patrick W. Gross by POA: Michele R. Chaffee
Stock symbol
PRDO
Transactions as of
Mar 2, 2022
Transactions value $
$104,160
Form type
4
Date filed
3/3/2022, 03:37 PM
Previous filing
Feb 2, 2022
Next filing
May 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRDO Common Stock Options Exercise $104K +16K +47.19% $6.51 49.9K Mar 2, 2022 Direct F1

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 PRDO Non-Qualified Option (right to buy) Options Exercise $0 -16K -100% $0.00* 0 Mar 2, 2022 Common Stock 16K $6.51 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 14,619 vested deferred stock units granted pursuant to Issuer's 2008 Incentive Compensation Plan, with each unit representing the right to receive one share of common stock upon Reporting Person's termination of service from Issuer. Also includes 8,348 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 upon vesting.
F2 On May 17, 2012 the Reporting Person was granted 16,000 non-qualified stock options. The option grant vested in four installments on May 17, 2012, 2013, 2014 and 2015.