0001046568-15-000004.txt : 20150310
0001046568-15-000004.hdr.sgml : 20150310
20150310211000
ACCESSION NUMBER: 0001046568-15-000004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150306
FILED AS OF DATE: 20150310
DATE AS OF CHANGE: 20150310
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CAREER EDUCATION CORP
CENTRAL INDEX KEY: 0001046568
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200]
IRS NUMBER: 363932190
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 231 N. MARTINGALE ROAD
CITY: SCHAUMBURG
STATE: IL
ZIP: 60173
BUSINESS PHONE: 8477813600
MAIL ADDRESS:
STREET 1: 231 N. MARTINGALE ROAD
CITY: SCHAUMBURG
STATE: IL
ZIP: 60173
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ayers Jeffrey David
CENTRAL INDEX KEY: 0001316824
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23245
FILM NUMBER: 15690862
MAIL ADDRESS:
STREET 1: 231 N. MARTINGALE ROAD
CITY: SCHAUMBURG
STATE: IL
ZIP: 60173
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2015-03-06
0
0001046568
CAREER EDUCATION CORP
CECO
0001316824
Ayers Jeffrey David
CAREER EDUCATION CORPORATION
231 N. MARTINGALE ROAD
SCHAUMBURG
IL
60173
0
1
0
0
SVP, General Counsel
Common Stock
2015-03-06
4
A
0
8276.0
0.0
A
73982
D
Common Stock
2015-03-06
4
S
0
20487.0
5.97
D
53495
D
Cash Settled RSU
2015-03-06
4
A
0
8276.0
0.0
A
2019-03-14
Common Stock
8276
8276
D
Non-Qualified Stock Option (right to buy)
5.9
2015-03-06
4
A
0
43980.0
0.0
A
2025-03-06
Common Stock
43980
43980
D
Restricted stock units granted pursuant to the Career Education Corporation 2008 Incentive Compensation Plan, with each restricted stock unit representing a contingent right to receive one share of common stock. The restricted stock units shall vest in four equal installments on each of March 14, 2016, 2017, 2018 and 2019.
Includes 25,708 restricted stock units granted pursuant to the Career Education Corporation 2008 Incentive Compensation Plan, with each restricted stock unit representing a contingent right to receive one share of the Issuer's common stock.
Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock.
This grant of cash-settled RSUs was approved by the Compensation Committee of Issuer's Board of Directors on March 6, 2015 pursuant to Issuer's 2008 Incentive Compensation Plan. These cash-settled RSUs vest in four equal installments on March 14, 2016, 2017, 2018 and 2019.
Exercisable in four equal annual installments on each of March 14, 2016,
2017, 2018 and 2019.
By: Greg E. Jansen For: Jeffrey David Ayers
2015-03-10