David C. Czeszewski - 07 Mar 2023 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Role
SVP, CIO
Signature
David C. Czeszewski by POA: Jeff Wigfield
Issuer symbol
PRDO
Transactions as of
07 Mar 2023
Net transactions value
$0
Form type
4
Filing time
09 Mar 2023, 18:03:03 UTC
Previous filing
16 Mar 2022
Next filing
16 Mar 2023
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 +9,092 +9.2% $0.000000 108,146 07 Mar 2023 Direct F1
transaction PRDO Common Stock Award $0 +9,094 +8.4% $0.000000 117,240 07 Mar 2023 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, 2024, 2025, 2026 and 2027.
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, 2026. The actual number of shares issued will range from 0-200% of target based on the level of achievement of certain operating criteria.
F3 Includes 74,194 unvested 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.