Todd S. Nelson - Mar 21, 2023 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Role
Executive Chairman, Director
Signature
Todd S. Nelson by POA: Jeff Wigfield
Stock symbol
PRDO
Transactions as of
Mar 21, 2023
Transactions value $
-$838,128
Form type
4
Date filed
3/23/2023, 05:01 PM
Previous filing
Mar 21, 2023
Next filing
Aug 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRDO Common Stock Sale -$333K -25K -2.66% $13.31 917K Mar 21, 2023 Direct F1, F2
transaction PRDO Common Stock Sale -$334K -25K -2.73% $13.34 892K Mar 22, 2023 Direct F1, F3
transaction PRDO Common Stock Sale -$172K -13.3K -1.49% $12.97 878K Mar 23, 2023 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 9, 2022.
F2 This transaction was executed in multiple trades at prices ranging from $13.20 to $13.48. 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 $13.20 to $13.49. 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 This transaction was executed in multiple trades at prices ranging from $12.78 to $13.11. 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.
F5 Includes 493,852 unvested 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.