0001209191-19-050540.txt : 20190924
0001209191-19-050540.hdr.sgml : 20190924
20190924161649
ACCESSION NUMBER: 0001209191-19-050540
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190923
FILED AS OF DATE: 20190924
DATE AS OF CHANGE: 20190924
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: 191110984
MAIL ADDRESS:
STREET 1: 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
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-09-23
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
2019-09-23
4
M
0
17184
5.90
A
216959
D
Common Stock
2019-09-23
4
M
0
28215
7.33
A
245174
D
Common Stock
2019-09-23
4
M
0
46532
4.49
A
291706
D
Common Stock
2019-09-23
4
S
0
45399
17.02
D
246307
D
Common Stock
2019-09-23
4
S
0
46532
17.02
D
199775
D
Non-Qualified Option (right to buy)
5.90
2019-09-23
4
M
0
17184
0.00
D
2025-03-06
Common Stock
17184
26796
D
Non-Qualified Option (right to buy)
7.33
2019-09-23
4
M
0
28215
0.00
D
2024-03-04
Common Stock
28215
0
D
Non-Qualified Option (right to buy)
4.49
2019-09-23
4
M
0
46532
0.00
D
2026-03-07
Common Stock
46532
54076
D
The option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 12, 2019.
This transaction was executed in multiple trades at prices ranging from $17.00 to $17.06. The price reported in Column 4 reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon written request, to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
This transaction was executed in multiple trades at prices ranging from $17.00 to $17.05. The price reported in Column 4 reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon written request, to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
Includes 150,897 restricted stock units granted pursuant to the Career Education Corporation 2008 or 2016 Incentive Compensation Plans, with each unit representing the contingent right to receive one share of Issuer's common stock.
On March 6, 2015 the Reporting Person was granted 43,980 non-qualified stock options. The option grant vested in four installments on March 14, 2016, 2017, 2018 and 2019.
On March 4, 2014 the Reporting Person was granted 47,540 non-qualified stock options. The option grant vested in four installments on March 14, 2015, 2016, 2017 and 2018.
On March 7, 2016 the Reporting Person was granted 100,608 non-qualified stock options. The option grant vests in four installments on March 14, 2017, 2018, 2019 and 2020.
Jeffrey D. Ayers by POA: Michele R. Chaffee
2019-09-24