Michele A. Peppers - 03 Mar 2022 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Role
Principal Accounting Officer
Signature
Michele A. Peppers by POA: Michele R. Chaffee
Issuer symbol
PRDO
Transactions as of
03 Mar 2022
Net transactions value
-$104,842
Form type
4
Filing time
07 Mar 2022, 15:33:44 UTC
Previous filing
16 Dec 2021
Next filing
10 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRDO Common Stock Options Exercise $52,888 +6,372 +11% $8.30 66,059 03 Mar 2022 Direct
transaction PRDO Common Stock Sale $68,499 -6,372 -9.6% $10.75 59,687 03 Mar 2022 Direct F1
transaction PRDO Common Stock Sale $89,231 -8,316 -14% $10.73 51,371 03 Mar 2022 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 -6,372 -100% $0.000000* 0 03 Mar 2022 Common Stock 6,372 $8.30 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 $10.74 to $10.77. 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 $10.72 to $10.75. 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 30,005 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, 2017 the Reporting Person was granted 8,496 non-qualified stock options. The option grant vested in four installments on March 14, 2018, 2019, 2020 and 2021.