TODD S. NELSON - 17 Nov 2023 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Role
President & CEO, Director
Signature
Todd S. Nelson by POA: Jeff Wigfield
Issuer symbol
PRDO
Transactions as of
17 Nov 2023
Transactions value $
-$286,564
Form type
4
Filing time
21 Nov 2023, 16:15:16 UTC
Previous filing
28 Aug 2023
Next filing
12 Dec 2023
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 $132,800 +16,000 +2.3% $8.3 701,098 17 Nov 2023 Direct
transaction PRDO Common Stock Sale -$291,360 -16,000 -2.3% $18.21 685,098 17 Nov 2023 Direct F1
transaction PRDO Common Stock Options Exercise $121,420 +14,629 +2.1% $8.3 699,727 20 Nov 2023 Direct
transaction PRDO Common Stock Sale -$249,424 -14,629 -2.1% $17.05 685,098 20 Nov 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 -16,000 -52% $0 14,629 17 Nov 2023 Common Stock 16,000 $8.3 Direct F4
transaction PRDO Non-Qualified Option (right to buy) Options Exercise $0 -14,629 -100% $0* 0 20 Nov 2023 Common Stock 14,629 $8.3 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 $18.04 to $18.39. 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 $16.85 to $17.53. 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 493,852 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, 2017 the Reporting Person was granted 122,516 non-qualified stock options. The option grant vested in four installments on March 14, 2018, 2019, 2020 and 2021.