| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PRDO | Common Stock | Options Exercise | $37.5K | +7.5K | +2.13% | $5.00 | 360K | Aug 17, 2023 | Direct | |
| transaction | PRDO | Common Stock | Options Exercise | $44.3K | +7.5K | +2.08% | $5.90 | 368K | Aug 17, 2023 | Direct | |
| transaction | PRDO | Common Stock | Sale | -$242K | -15K | -4.08% | $16.12 | 353K | Aug 17, 2023 | Direct | F1 |
| transaction | PRDO | Common Stock | Options Exercise | $37.5K | +7.5K | +2.13% | $5.00 | 360K | Aug 18, 2023 | Direct | |
| transaction | PRDO | Common Stock | Options Exercise | $44.3K | +7.5K | +2.08% | $5.90 | 368K | Aug 18, 2023 | Direct | |
| transaction | PRDO | Common Stock | Sale | -$240K | -15K | -4.08% | $16.02 | 353K | Aug 18, 2023 | Direct | F2, F3 |
| 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 | -7.5K | -32.89% | $0.00 | 15.3K | Aug 17, 2023 | Common Stock | 7.5K | $5.00 | Direct | F4 |
| transaction | PRDO | Non-Qualified Option (right to buy) | Options Exercise | $0 | -7.5K | -31.64% | $0.00 | 16.2K | Aug 17, 2023 | Common Stock | 7.5K | $5.90 | Direct | F5 |
| transaction | PRDO | Non-Qualified Option (right to buy) | Options Exercise | $0 | -7.5K | -49% | $0.00 | 7.81K | Aug 18, 2023 | Common Stock | 7.5K | $5.00 | Direct | F4 |
| transaction | PRDO | Non-Qualified Option (right to buy) | Options Exercise | $0 | -7.5K | -46.28% | $0.00 | 8.7K | Aug 18, 2023 | Common Stock | 7.5K | $5.90 | Direct | F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | This transaction was executed in multiple trades at prices ranging from $16.02 to $16.23. 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 | This transaction was executed in multiple trades at prices ranging from $15.89 to $16.16. 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 | Includes 215,280 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. |
| F4 | On May 12, 2014 the Reporting Person was granted 22,806 non-qualified stock options. The option grant vested in four installments on June 14, 2015, 2016, 2017 and 2018. |
| F5 | On March 6, 2015 the Reporting Person was granted 23,704 non-qualified stock options. The option grant vested in four installments on March 14, 2016, 2017, 2018 and 2019. |
The option exercise and sale reported on the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2023.