Gregory L. Jackson - 01 Mar 2023 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Role
Director
Signature
Gregory L. Jackson by POA: Jeff Wigfield
Issuer symbol
PRDO
Transactions as of
01 Mar 2023
Net transactions value
-$174,963
Form type
4
Filing time
02 Mar 2023, 17:45:27 UTC
Previous filing
31 May 2022
Next filing
26 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRDO Common Stock Options Exercise $33,349 +11,826 +27% $2.82* 56,387 01 Mar 2023 Direct
transaction PRDO Common Stock Sale $163,317 -11,826 -21% $13.81 44,561 01 Mar 2023 Direct F1
transaction PRDO Common Stock Options Exercise $11,771 +4,174 +9.4% $2.82* 48,735 02 Mar 2023 Direct
transaction PRDO Common Stock Sale $56,766 -4,174 -8.6% $13.60 44,561 02 Mar 2023 Direct F2

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 -11,826 -74% $0.000000 4,174 01 Mar 2023 Common Stock 11,826 $2.82 Direct F3
transaction PRDO Non-Qualified Option (right to buy) Options Exercise $0 -4,174 -100% $0.000000* 0 02 Mar 2023 Common Stock 4,174 $2.82 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $13.75 to $13.91. 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.
F2 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 Issuer's common stock upon Reporting Person's termination of service from Issuer. Also includes 9,050 restricted stock units granted pursuant to Issuer's Amended and Restated 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock upon vesting.
F3 On May 14, 2013 the Reporting Person was granted 16,000 non-qualified stock options. The option grant vested in four installments on May 14, 2013, 2014, 2015, and 2016.