CUSIP No. 16946T109 | SCHEDULE 13D | Page 2 of 10 Pages |
1 | NAMES OF REPORTING PERSONS: Ned L. Sherwood
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS): |
||||||||||
(a) o | |||||||||||
(b) x | |||||||||||
3 | SEC USE ONLY: | ||||||||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS): | ||||||||||
PF | |||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION: | ||||||||||
United States of America
|
|||||||||||
7 | SOLE VOTING POWER: | ||||||||||
NUMBER OF |
637,836
|
||||||||||
SHARES | 8 | SHARED VOTING POWER: | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY |
2,625,488
|
||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER: | |||||||||
REPORTING | |||||||||||
PERSON |
637,836
|
||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER: | |||||||||
2,625,488
|
|||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: | ||||||||||
3,263,324
|
|||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS): | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): | ||||||||||
6.6% | |||||||||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): | ||||||||||
IN |
CUSIP No. 16946T109 | SCHEDULE 13D | Page 3 of 10 Pages |
1 | NAMES OF REPORTING PERSONS: ZS EDU L.P.
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS): |
||||||||||
(a) o | |||||||||||
(b) x | |||||||||||
3 | SEC USE ONLY: | ||||||||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS): | ||||||||||
OO | |||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION: | ||||||||||
Delaware
|
|||||||||||
7 | SOLE VOTING POWER: | ||||||||||
NUMBER OF |
0
|
||||||||||
SHARES | 8 | SHARED VOTING POWER: | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY |
2,625,488
|
||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER: | |||||||||
REPORTING | |||||||||||
PERSON |
0
|
||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER: | |||||||||
2,625,488
|
|||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: | ||||||||||
2,625,488
|
|||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS): | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): | ||||||||||
5.3% | |||||||||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): | ||||||||||
PN |
CUSIP No. 16946T109 | SCHEDULE 13D | Page 4 of 10 Pages |
1 | NAMES OF REPORTING PERSONS: ZS EDU GP LLC
|
||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS): |
||||||||||
(a) o | |||||||||||
(b) x | |||||||||||
3 | SEC USE ONLY: | ||||||||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS): | ||||||||||
OO | |||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION: | ||||||||||
Delaware
|
|||||||||||
7 | SOLE VOTING POWER: | ||||||||||
NUMBER OF |
0
|
||||||||||
SHARES | 8 | SHARED VOTING POWER: | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY |
2,625,488
|
||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER: | |||||||||
REPORTING | |||||||||||
PERSON |
0
|
||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER: | |||||||||
2,625,488
|
|||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: | ||||||||||
2,625,488
|
|||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS): | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): | ||||||||||
5.3% | |||||||||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): | ||||||||||
OO |
CUSIP No. 16946T109 | SCHEDULE 13D | Page 5 of 10 Pages |
1 | NAMES OF REPORTING PERSONS: Robert Horne
|
||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS): |
||||||||||
(a) o | |||||||||||
(b) x | |||||||||||
3 | SEC USE ONLY: | ||||||||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS): | ||||||||||
PF | |||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e): | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION: | ||||||||||
United States of America
|
|||||||||||
7 | SOLE VOTING POWER: | ||||||||||
NUMBER OF |
50,000
|
||||||||||
SHARES | 8 | SHARED VOTING POWER: | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY |
2,625,488
|
||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER: | |||||||||
REPORTING | |||||||||||
PERSON |
50,000
|
||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER: | |||||||||
2,625,488
|
|||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: | ||||||||||
2,675,488
|
|||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS): | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): | ||||||||||
5.4% | |||||||||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS): | ||||||||||
IN |
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Page 6 of 10 Pages |
Item 1.
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Security and Issuer.
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Item 2.
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Identity and Background.
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Page 7 of 10 Pages |
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a.
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an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;
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b.
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a sale or transfer of a material amount of assets of the Issuer or of any of its subsidiaries;
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c.
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any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;
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d.
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any material change in the present capitalization or dividend policy of the Issuer;
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e.
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any other material change in the Issuer’s business or corporate structure;
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f.
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changes in the Issuer’s charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the issuer by any other person;
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g.
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causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;
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h.
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a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Act; or
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i.
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any action similar to those enumerated above.
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Page 8 of 10 Pages |
Name of Reporting Person
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Date
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Number of Shares Purchased
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Average Price per Share
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How was the transaction effected
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Robert Horne
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February 16, 2011
|
50,000
|
$6.7452
|
Open Market
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Ned Sherwood
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March 18, 2011
|
2,708
|
$5.41
|
Open market
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Ned Sherwood
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March 18, 2011
|
1,116
|
$5.59
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Open market
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Ned Sherwood
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March 18, 2011
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2,786
|
$5.41
|
Open market
|
Ned Sherwood
|
March 18, 2011
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1,029
|
$5.58
|
Open market
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ZS EDU L.P.
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March 18, 2011
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491,871
|
$5.668
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Open market
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ZS EDU L.P.
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March 21, 2011
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670,522
|
$6.0874
|
Open market
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ZS EDU L.P.
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March 22, 2011
|
478,114
|
$6.1557
|
Open market
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ZS EDU L.P.
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March 23, 2011
|
220,420
|
$6.1323
|
Open market
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ZS EDU L.P.
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March 24, 2011
|
358,561
|
$6.5012
|
Open market
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ZS EDU L.P.
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March 25, 2011
|
198,000
|
$6.4981
|
Open market
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ZS EDU L.P.
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March 28, 2011
|
208,000
|
$6.5082
|
Open market
|
|
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Page 9 of 10 Pages |
Item 6.
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Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
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Item 7.
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Materials to be Filed as Exhibits.
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Page 10 of 10 Pages |
May 12, 2011
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Ned Sherwood
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By: /s/ Ned Sherwood
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Name: Ned Sherwood
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May 12, 2011
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ZS EDU L.P.
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By: /s/ Ned Sherwood
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Name: Ned Sherwood
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Title: Manager of the General Partner, ZS EDU GP LLC
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May 12, 2011
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ZS EDU GP LLC
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By: /s/ Ned Sherwood
|
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Name: Ned Sherwood
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Title: Manager
|
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May 12, 2011
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Robert Horne
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By: /s/ Robert Horne
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Name: Robert Horne
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