Michele A. Peppers - Sep 13, 2023 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Role
Principal Accounting Officer
Signature
Michele A. Peppers by POA: Jeff Wigfield
Stock symbol
PRDO
Transactions as of
Sep 13, 2023
Transactions value $
-$109,218
Form type
4
Date filed
9/15/2023, 04:15 PM
Previous filing
Mar 16, 2023
Next filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRDO Common Stock Options Exercise $116K +8.4K +12.46% $13.80 75.8K Sep 13, 2023 Direct
transaction PRDO Common Stock Sale -$141K -8.4K -11.08% $16.82 67.4K Sep 13, 2023 Direct F1
transaction PRDO Common Stock Sale -$83.9K -5K -7.42% $16.77 62.4K Sep 13, 2023 Direct F2, F3

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 -8.4K -100% $0.00* 0 Sep 13, 2023 Common Stock 8.4K $13.80 Direct F4
* 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 $16.82 to $16.83. 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 $16.76 to $16.78. 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 33,021 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 March 6, 2018 the Reporting Person was granted 8,400 non-qualified stock options. The option grant vested in four installments on March 14, 2019, 2020, 2021 and 2022.