0001181431-13-021682.txt : 20130410 0001181431-13-021682.hdr.sgml : 20130410 20130410113955 ACCESSION NUMBER: 0001181431-13-021682 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130408 FILED AS OF DATE: 20130410 DATE AS OF CHANGE: 20130410 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: STEFFEY SCOTT W CENTRAL INDEX KEY: 0001256122 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-23245 FILM NUMBER: 13752837 MAIL ADDRESS: STREET 1: C/O CAREER EDUCATION CORPORATION STREET 2: 231 N. MARTINGALE ROAD CITY: SCHAUMBURG STATE: IL ZIP: 60173 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 4 1 rrd376567.xml FORM 4 X0306 4 2013-04-08 0 0001046568 CAREER EDUCATION CORP CECO 0001256122 STEFFEY SCOTT W CAREER EDUCATION CORPORATION 231 N. MARTINGALE ROAD SCHAUMBURG IL 60173 0 1 0 0 President & CEO Non-Qualified Stock Option (right to buy) 2.20 2013-04-08 4 A 0 450000 0 A 2023-04-08 Common Stock 450000 450000 D Cash-Settled RSU 2013-04-08 4 A 0 250000 0 A 2017-03-14 Common Stock 250000 250000 D Cash-Settled RSU 2013-04-08 4 A 0 104545 0 A 2017-03-14 Common Stock 104545 104545 D Stock Appreciation Right 2.20 2013-04-08 4 A 0 50000 0 A 2023-04-08 Common Stock 50000 50000 D Stock Appreciation Right 2.20 2013-04-08 4 A 0 144628 0 A 2023-04-08 Common Stock 144628 144628 D Exercisable in four equal annual installments on each of March 14, 2014, 2015, 2016 and 2017. Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock. Cash-settled RSUs granted under Issuer's 2008 Incentive Compensation Plan. These cash-settled RSUs vest in four equal installments on each of April 8, 2014 and March 14, 2015, 2016 and 2017, subject to achievement of certain perforamance criteria. These cash-settled RSUs vest in four equal installments on each of April 8, 2014 and March 14, 2015, 2016 and 2017, subject to achievement of certain perforamance criteria. Cash-Settled Stock Appreciation Rights ("SARs") granted under Issuer's 2008 Incentive Compenation Plan. These SARs vest in four equal installments on each of March 14, 2014, 2015, 2016 and 2017. These SARs vest in four equal installments on each of March 14, 2014, 2015, 2016 and 2017. Gail B. Rago power of attorney for: Steve W. Steffey 2013-04-10