Dennis Chookaszian - Mar 7, 2022 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Role: Director
Signature: Dennis Chookaszian by POA: Michele R. Chaffee
Stock symbol: PRDO
Transactions as of: Mar 7, 2022
Transactions value $: $104,160
Form type: 4
Date filed: 3/8/2022, 08:23 AM
Previous filing: Jan 26, 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	+52.46%	$6.51	46.5K	Mar 7, 2022	Direct	F1
holding	PRDO	Common Stock						7K	Mar 7, 2022	by Spouse

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 7, 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.

Content

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.

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.