Form 4

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HUdif3ylZSrxLJ1imghqYHGBG8iRd3h8z9tOKsOv3ad7mh+UOasasNwP7oXAgPMw pGPqWICgckiS3QogmEl6LQ== 0000922475-03-000015.txt : 20030213 0000922475-03-000015.hdr.sgml : 20030213 20030213111140 ACCESSION NUMBER: 0000922475-03-000015 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030212 FILED AS OF DATE: 20030213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ITT EDUCATIONAL SERVICES INC CENTRAL INDEX KEY: 0000922475 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 362061311 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13144 FILM NUMBER: 03557219 BUSINESS ADDRESS: STREET 1: 5975 CASTLE CREEK PKWY N DR STREET 2: PO BOX 50466 CITY: INDIANAPOLIS STATE: IN ZIP: 46250 BUSINESS PHONE: 3175949499 MAIL ADDRESS: STREET 1: 5975 CASTLE CREEK PKWY N DR STREET 2: P O BOX 50466 CITY: INDIANAPOLIS STATE: IN ZIP: 46250-0466 REPORTING-OWNER: COMPANY DATA: COMPANY CONFORMED NAME: ARASKOG RAND V CENTRAL INDEX KEY: 0001014314 RELATIONSHIP: DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: ITT INDUSTRIES INC STREET 2: 4 WEST RED OAK LANE CITY: WHITE PLAINS STATE: NY ZIP: 10604 BUSINESS PHONE: 9146412000 MAIL ADDRESS: STREET 1: ITT INDUSTRIES INC STREET 2: 1330 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019-5490 4 1 edgar.htm 4 Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

OMB APPROVAL

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden
hours per response. . .0.5

Filed By
Romeo and Dye's
Section 16 Filer
www.section16.net

1. Name and Address of Reporting Person* Araskog, Rand V.	2. Issuer Name and Ticker or Trading Symbol ITT Educational Services, Inc. ESI		6. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)
(Last) (First) (Middle) 125 Worth Avenue, Suite 300	3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)	4. Statement for Month/Day/Year 02-12-03
(Street) Palm Beach, FL 33480		5. If Amendment, Date of Original (Month/Day/Year)	7. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person
(City) (State) (Zip)	Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3)	2. Trans- action Date (Month/ Day/ Year)	2A. Deemed Execution Date, if any (Month/Day/ Year)	3. Trans- action Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 & 5)			5. Amount of Securities Beneficially Owned Follow- ing Reported Transactions(s) (Instr. 3 & 4)	6. Owner- ship Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Trans- action Date (Month/ Day/ Year)	2A. Deemed Execution Date, if any (Month/Day/ Year)	Code	V	Amount	(A) or (D)	Price		6. Owner- ship Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02-12-03		S		20,800⁽¹⁾	D	$26.00
Common Stock	02-12-03		S		1,400⁽¹⁾	D	$26.01
Common Stock	02-12-03		S		700⁽¹⁾	D	$26.02
Common Stock	02-12-03		S		100⁽¹⁾	D	$26.03
Common Stock	02-12-03		S		100⁽¹⁾	D	$26.04
Common Stock	02-12-03		S		1,400⁽¹⁾	D	$26.07
Common Stock	02-12-03		S		200⁽¹⁾	D	$26.08
Common Stock	02-12-03		S		2,500⁽¹⁾	D	$26.10
Common Stock	02-12-03		S		100⁽¹⁾	D	$26.11
Common Stock	02-12-03		S		200⁽¹⁾	D	$26.12
Common Stock	02-12-03		S		3,700⁽¹⁾	D	$26.13
Common Stock	02-12-03		S		5,700⁽¹⁾	D	$26.14
Common Stock	02-12-03		S		1,700⁽¹⁾	D	$26.15
Common Stock	02-12-03		S		700⁽¹⁾	D	$26.16
Common Stock	02-12-03		S		500⁽¹⁾	D	$26.17
Common Stock	02-12-03		S		500⁽¹⁾	D	$26.18
Common Stock	02-12-03		S		1,200⁽¹⁾	D	$26.19
Common Stock	02-12-03		S		2,600⁽¹⁾	D	$26.20
Common Stock	02-12-03		S		1,600⁽¹⁾	D	$26.21
Common Stock	02-12-03		S		1,800⁽¹⁾	D	$26.22
Common Stock	02-12-03		S		600⁽¹⁾	D	$26.23
Common Stock	02-12-03		S		1,500⁽¹⁾	D	$26.24
Common Stock	02-12-03		S		19,200⁽¹⁾	D	$26.25
Common Stock	02-12-03		S		2,200⁽¹⁾	D	$26.26
Common Stock	02-12-03		S		800⁽¹⁾	D	$26.27
Common Stock	02-12-03		S		800⁽¹⁾	D	$26.28
Common Stock	02-12-03		S		500⁽¹⁾	D	$26.29
Common Stock	02-12-03		S		4,600⁽¹⁾	D	$26.30	276,988	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number

FORM 4 (continued)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security

(Instr. 3)

2. Conver-
sion or
Exercise
Price of Derivative Security

3. Trans-
action Date

(Month/
Day/
Year)

3A. Deemed
Execution
Date,
if any
(Month/
Day/
Year)

4. Trans-
action
Code

(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)

(Instr. 3, 4 & 5)

6. Date Exercisable
and Expiration
Date
(Month/Day/
Year)

7. Title and Amount of Underlying Securities
(Instr. 3 & 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of
Derivative
Securities
Beneficially
Owned
Following
Reported Transaction(s)
(Instr. 4)

10. Owner-
ship Form
of Deriv-
ative
Security:
Direct (D)
or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exer-cisable

Expira-
tion
Date

Title

Amount or Number of
Shares

Explanation of Responses:

(1) Represents shares of ESI common stock acquired on June 3, 1998.

By: /s/ Clark D. Elwood
Attorney-In-Fact for Rand V. Araskog
**Signature of Reporting Person

February 13, 2003
Date

**Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, See Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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