0001181431-15-004741.txt : 20150317 0001181431-15-004741.hdr.sgml : 20150317 20150317151726 ACCESSION NUMBER: 0001181431-15-004741 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150314 FILED AS OF DATE: 20150317 DATE AS OF CHANGE: 20150317 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: 15706086 MAIL ADDRESS: STREET 1: 231 N. MARTINGALE ROAD CITY: SCHAUMBURG STATE: IL ZIP: 60173 4 1 rrd423658.xml J AYERS FORM 4 3/14/15 X0306 4 2015-03-14 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 2015-03-14 4 M 0 10666 A 64161 D Common Stock 2015-03-14 4 D 0 10666 5.82 D 53495 D Common Stock 2015-03-14 4 F 0 1356 5.82 D 52139 D Cash-Settled RSU 2015-03-14 4 M 0 10666 D 2017-03-14 Common Stock 10666 21332 D Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock. Reflects shares of common stock surrendered to the Company to satisfy tax withholding obligations in connection with the vesting of restricted stock or stock units. Includes 21,350 restricted stock units granted pursuant to the Career Education Corporation 2008 Incentive Compensation Plan, with each unit representing a contingent right to receive one share of Issuer's common stock. The remaining cash-settled RSUs vest in two equal annual installments on each of March 14, 2016 and 2017. Jeffrey D. Ayers by POA: Gail B. Rago 2015-03-17