Braner Michael David's Form 4 filing
American Public Education Inc (APEI) · filed Aug 14, 2024
- Accession no.
- 0001062993-24-015056
- Filed
- Aug 14, 2024, 4:10 PM ET
- Trade date
- May 17-Aug 13, 2024
- Filing delay
- 89 daysLate
- Rule 10b5-1 plan
- Not checked
This filing lists 9 non-derivative transactions. Open-market purchases total $8.25M. It was filed 89 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Braner Michael DavidCIK 0001908015 | Director, 10% Owner, Other: See Footnotes |
| Friedberg Daniel M.CIK 0001448795 | Other: See Footnotes |
| 325 Capital LLCCIK 0001873893 | Other: See Footnotes |
| Shrivastava Anil KCIK 0001908019 | Other: See Footnotes |
| 325 Capital GP, LLCCIK 0001972758 | Other: See Footnotes |
| 325 Capital Master Fund LPCIK 0001972759 | Other: See Footnotes |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 17, 2024 | Common Stock, par value $0.01 | AGrant or awardAcquired | +4,350 | $0.00 | $0 | 19,493 | Direct | |
| Aug 8, 2024 | Common Stock, par value $0.01 | PPurchaseAcquired | +6,329 | $13.05F5 | +$82,612.44 | 253,766 | Indirect | |
| Aug 8, 2024 | Common Stock, par value $0.01 | PPurchaseAcquired | +35,106 | $13.05F5 | +$458,238.62 | 1,070,953 | Indirect | |
| Aug 9, 2024 | Common Stock, par value $0.01 | PPurchaseAcquired | +15,381 | $13.57F8 | +$208,652.49 | 269,147 | Indirect | |
| Aug 9, 2024 | Common Stock, par value $0.01 | PPurchaseAcquired | +85,309 | $13.57F8 | +$1,157,267.77 | 1,156,262 | Indirect | |
| Aug 12, 2024 | Common Stock, par value $0.01 | PPurchaseAcquired | +18,031 | $13.44F9 | +$242,415.98 | 287,178 | Indirect | |
| Aug 12, 2024 | Common Stock, par value $0.01 | PPurchaseAcquired | +162,851 | $13.44F9 | +$2,189,433.98 | 1,319,113 | Indirect | |
| Aug 13, 2024 | Common Stock, par value $0.01 | PPurchaseAcquired | +30,532 | $13.49F10 | +$411,876.68 | 317,710 | Indirect | |
| Aug 13, 2024 | Common Stock, par value $0.01 | PPurchaseAcquired | +259,566 | $13.49F10 | +$3,501,545.34 | 1,578,679 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F5
The price of $13.053 per share represents a weighted average of purchase prices ranging from $12.36 to $13.30 per share. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
Referenced by the price of 2 transactions in Table I.
- F8
The price of $13.5656 per share represents a weighted average of purchase prices ranging from $13.30 to $13.65 per share. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
Referenced by the price of 2 transactions in Table I.
- F9
The price of $13.4444 per share represents a weighted average of purchase prices ranging from $13.16 to $13.59 per share. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
Referenced by the price of 2 transactions in Table I.
- F10
The price of $13.49 per share represents a weighted average of purchase prices ranging from $13.315 to $13.92 per share. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares purchased at each separate price.
Referenced by the price of 2 transactions in Table I.
Remarks
Mr. Braner, a Managing Member of 325, is a director of the Issuer. For purposes of Section 16, each of the Reporting Persons (other than Mr. Braner) may be deemed a director by deputization by virtue of its or his representation on the Board.