Viet D. Dinh - 01 Nov 2023 Form 4 Insider Report for Strategic Education, Inc. (STRA)

Role
Director
Signature
/s/ Daniel W. Jackson, Attorney-in-Fact
Issuer symbol
STRA
Transactions as of
01 Nov 2023
Net transactions value
+$60,066
Form type
4
Filing time
03 Nov 2023, 16:58:37 UTC
Previous filing
06 Sep 2023
Next filing
26 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRA Common Stock Award $0 +937 +13% $0.000000 8,007 01 Nov 2023 Direct F1
transaction STRA Common Stock Award $60,066 +725 +9.1% $82.85 8,732 01 Nov 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a prorated award of restricted stock. The award vests one-third on November 1, 2024, one-third on the date of the 2025 Annual Meeting of Stockholders, and one-third on the date of the 2026 Annual Meeting of Stockholders.
F2 Represents an award of restricted stock issued to the reporting person in lieu of board cash retainer fees of $60,000. The award vests one-third on November 1, 2024, one-third on the date of the 2025 Annual Meeting of Stockholders, and one-third on the date of the 2026 Annual Meeting of Stockholders.