David C. Czeszewski - 08 Mar 2022 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Role
SVP, CIO
Signature
David C. Czeszewski by POA: Michele R. Chaffee
Issuer symbol
PRDO
Transactions as of
08 Mar 2022
Net transactions value
$0
Form type
4
Filing time
10 Mar 2022, 15:35:39 UTC
Previous filing
07 Mar 2022
Next filing
16 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRDO Common Stock Award $0 +11,620 +14% $0.000000 92,058 08 Mar 2022 Direct F1
transaction PRDO Common Stock Award $0 +11,620 +13% $0.000000 103,678 08 Mar 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Time-based restricted stock units granted pursuant to Issuer's 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock. These units vest in four equal installments on each of March 14, 2023, 2024, 2025 and 2026.
F2 Performance-based restricted stock units granted pursuant to Issuer's 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock. This amount represents the target number of shares issuable on the vesting date of March 14, 2025. The actual number of shares issued will range from 0-200% of target based on the level of achievement of certain performance criteria.
F3 Includes 71,778 restricted stock units granted pursuant to Issuer's 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock.