0001140361-14-004998.txt : 20140206 0001140361-14-004998.hdr.sgml : 20140206 20140206124158 ACCESSION NUMBER: 0001140361-14-004998 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140204 FILED AS OF DATE: 20140206 DATE AS OF CHANGE: 20140206 ISSUER: 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 BUSINESS ADDRESS: STREET 1: 13000 NORTH MERIDIAN CITY: CARMEL STATE: IN ZIP: 46032-1404 BUSINESS PHONE: 317 706 9200 MAIL ADDRESS: STREET 1: 13000 NORTH MERIDIAN STREET STREET 2: - CITY: CARMEL STATE: IN ZIP: 46032-1404 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MODANY KEVIN M CENTRAL INDEX KEY: 0001174303 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13144 FILM NUMBER: 14578954 MAIL ADDRESS: STREET 1: C/O ITT EDUCATIONAL SERVICES INC STREET 2: 13000 NORTH MERIDIAN STREET CITY: CARMEL STATE: IN ZIP: 46032-1404 4 1 doc1.xml FORM 4 X0306 4 2014-02-04 0 0000922475 ITT EDUCATIONAL SERVICES INC ESI 0001174303 MODANY KEVIN M C/O ITT EDUCATIONAL SERVICES INC 13000 NORTH MERIDIAN STREET CARMEL IN 46032-1404 1 1 0 0 CEO Common Stock 2014-02-04 4 A 0 28125 0 A 130738 D Common Stock 228 I By Company 401(k) Plan Employee Stock Option (Right to Buy) 27.94 2014-02-04 4 A 0 62500 0 A 2021-02-04 Common Stock 62500 62500 D Restricted stock units awarded under the ITT Educational Services, Inc. Amended and Restated 2006 Equity Compensation Plan (the "2006 Plan"), a Rule 16b-3 plan. This award will settle in three equal installments on February 4, 2015, 2016 and 2017 in the form of one share of the Company's common stock for each restricted stock unit being settled. Option awarded under the 2006 Plan. The option vests in three equal installments on February 4, 2015, 2016 and 2017. Power of Attorney is attached hereto as exhibit 24. Phillip B. Frank, Attorney-In-Fact for Kevin M. Modany 2014-02-06 EX-24 2 poa1.htm POWER OF ATTORNEY Unassociated Document
POWER OF ATTORNEY

Know all by these presents, that the undersigned hereby constitutes and appoints Phillip B. Frank as the undersigned's true and lawful attorney-in-fact to:
 
(1) execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or director of ITT Educational Services, Inc. (the “Company”), Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder, and any amendments to previously filed forms, and any other forms or reports the undersigned may be required to file in connection with the undersigned's ownership, acquisition or disposition of securities of the Company, and any amendments to previously filed reports or forms;
 
 
(2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4 or 5, or any other form or report, complete and execute any amendment or amendments thereto, and timely file such form or report with the United States Securities and Exchange Commission and any stock exchange or similar authority; and
 
 
(3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.
 
The undersigned hereby grants to such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 22nd day of April, 2013.

Signature /s/ Kevin M. Modany

Print Name Kevin M. Modany