0001209191-15-079074.txt : 20151110 0001209191-15-079074.hdr.sgml : 20151110 20151109145719 ACCESSION NUMBER: 0001209191-15-079074 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151106 FILED AS OF DATE: 20151109 DATE AS OF CHANGE: 20151109 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: Kline John Robert CENTRAL INDEX KEY: 0001366408 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-23245 FILM NUMBER: 151215257 MAIL ADDRESS: STREET 1: 121 SOUTH 13TH STREET STREET 2: SUITE 201 CITY: LINCOLN STATE: NE ZIP: 68508 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2015-11-06 0 0001046568 CAREER EDUCATION CORP CECO 0001366408 Kline John Robert CAREER EDUCATION CORPORATION 231 N. MARTINGALE ROAD SCHAUMBURG IL 60173 0 1 0 0 SVP Common Stock 2015-11-06 4 A 0 16240 0.00 A 16240 D Non-Qualified Stock Option (right to buy) 4.07 2015-11-06 4 A 0 56648 0.00 A 2025-11-06 Common Stock 56648 56648 D Cash-Settled RSU 2015-11-06 4 A 0 16240 0.00 A 2019-12-14 Common Stock 16240 16240 D 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 restricted stock units shall vest in four equal installments on each of December 14, 2016, 2017, 2018 and 2019. Exercisable in four equal annual installments on each of December 14, 2016, 2017, 2018 and 2019. 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 November 6, 2015 pursuant to the Career Education Corporation 2008 Incentive Compensation Plan. The cash-settled RSUs shall vest in four equal installments on each of December 14, 2016, 2017, 2018 and 2019. Gail B. Rago as Power of Attorney for: John Robert Kline 2015-11-09