0000769993-12-000593.txt : 20121106 0000769993-12-000593.hdr.sgml : 20121106 20121106195356 ACCESSION NUMBER: 0000769993-12-000593 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121102 FILED AS OF DATE: 20121106 DATE AS OF CHANGE: 20121106 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Jones Adrian M CENTRAL INDEX KEY: 0001359316 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34466 FILM NUMBER: 121184544 MAIL ADDRESS: STREET 1: C/O GOLDMAN, SACHS & CO. STREET 2: 85 BROAD STREET CITY: NEW YORK STATE: NY ZIP: 10004 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: EDUCATION MANAGEMENT CORPORATION CENTRAL INDEX KEY: 0000880059 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 251119571 FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 300 SIXTH AVENUE CITY: PITTSBURGH STATE: PA ZIP: 15222 BUSINESS PHONE: 4125620900 MAIL ADDRESS: STREET 1: 300 SIXTH AVE CITY: PITTSBURGH STATE: PA ZIP: 15222 4 1 ownershipdoc11062012030942.xml X0306 4 2012-11-02-04:00 false 0000880059 EDUCATION MANAGEMENT CORPORATION EDMC 0001359316 Jones Adrian M C/O GOLDMAN, SACHS & CO. 200 WEST STREET NEW YORK NY 10282 true false false false Common Stock 2012-11-02-04:00 4 A false 57576 0 A 48096443 I See footnotes The Reporting Person is a managing director of Goldman, Sachs & Co. ("Goldman Sachs"). Goldman Sachs is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). The 57,576 shares of common stock, par value $0.01 per share ("Common Stock"), of Education Management Corporation (the "Company") were granted to Adrian M. Jones and Mick J. Beekhuizen, each a managing director of Goldman Sachs, in their capacity as directors of the Company, pursuant to the Omnibus Long -Term Incentive Plan (the "Plan"). The 57,576 shares consist of (i) 12,121 shares of Common Stock and (ii) 16,667 restricted shares (the "Restricted Shares") granted to each of Mr. Jones and Mr. Beekhuizen. The Restricted Shares shall vest one year following the grant date of November 2, 2012. The Restricted Shares will be settled upon termination of board service. GS Group may be deemed to beneficially own 90,924 shares of Common Stock pursuant to the Plan, consisting of (i) 45,956 shares granted to Mr. Jones and (ii) 44,968 shares granted to Mr. Beekhuizen, each in his capacity as a director of the Company. Each of Mr. Jones and Mr. Beekhuizen has an understanding with GS Group pursuant to which he holds such shares for the benefit of GS Group. Goldman Sachs and GS Group may be deemed to beneficially own indirectly, in the aggregate, 48,005,519 shares of Common Stock by reason of the beneficial ownership of Common Stock by certain investment limited partnerships of which affiliates of Goldman Sachs and GS Group are the general partner, managing limited partner, managing partner, managing member or member (the "Limited Partnerships"). Goldman Sachs is the investment manager of certain of the Limited Partnerships. Each of the Reporting Person, Mr. Beekhuizen, GS Group and Goldman Sachs disclaims beneficial ownership of all shares of Common Stock in excess of his or its pecuniary interest, if any, and this report shall not be deemed an admission that the Reporting Person, individual or entity, as applicable, is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. /s/ Kevin P. Treanor, Attorney-in-fact 2012-11-06-05:00