John Robert Kline - Mar 6, 2025 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Role
SVP, AIU
Signature
John Robert Kline by POA: Jeff Wigfield
Stock symbol
PRDO
Transactions as of
Mar 6, 2025
Transactions value $
$0
Form type
4
Date filed
3/10/2025, 06:46 PM
Previous filing
Jan 8, 2025
Next filing
Mar 18, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRDO Common Stock Award $0 +9.01K +6.9% $0.00 140K Mar 6, 2025 Direct F1, F2
transaction PRDO Common Stock Award $0 +9.01K +6.45% $0.00 149K Mar 6, 2025 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Time-based 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. These units vest in four equal installments on each of March 14, 2026, 2027, 2028 and 2029.
F2 Total number of shares has been adjusted to include 180 shares inadvertently omitted from prior reports.
F3 Performance-based 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. This amount represents the target number on the vesting date of March 14, 2028. The actual number of shares issued will range from 0-200% of target based on the level of achievement of certain operating criteria.
F4 Includes 110,598 unvested restricted stock units granted pursuant to Issuer's 2016 Incentive Compensation Plan, with each unit representing the Compensation Plan, with each unit representing the contingent right to receive on share of Issuer's common stock.