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