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Braner Michael David's Form 4 filing

American Public Education Inc (APEI) · filed Aug 15, 2024

Accession no.
0001062993-24-015214
Filed
Aug 15, 2024, 9:12 PM ET
Trade date
Aug 14-15, 2024
Filing delay
1 day
Rule 10b5-1 plan
Not checked

This filing lists 4 non-derivative transactions. Open-market purchases total $1.25M. It was filed 1 day after the trade.

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.

Reporting owners on this filing
OwnerRelationship to the company
Braner Michael DavidCIK 0001908015Director, 10% Owner, Other: See Footnotes
Friedberg Daniel M.CIK 0001448795Other: See Footnotes
325 Capital LLCCIK 0001873893Other: See Footnotes
Shrivastava Anil KCIK 0001908019Other: See Footnotes
325 Capital GP, LLCCIK 0001972758Other: See Footnotes
325 Capital Master Fund LPCIK 0001972759Other: See Footnotes

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 14, 2024Common Stock, par value $0.01PPurchaseAcquired+6,768$13.81F2+$93,462.02324,478Indirect
Aug 14, 2024Common Stock, par value $0.01PPurchaseAcquired+57,536$13.81F2+$794,537.641,636,215Indirect
Aug 15, 2024Common Stock, par value $0.01PPurchaseAcquired+2,604$14.54F5+$37,862.16327,082Indirect
Aug 15, 2024Common Stock, par value $0.01PPurchaseAcquired+22,134$14.54F5+$321,828.361,658,349Indirect

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.

F2

The price of $13.8094 per share represents a weighted average of purchase prices ranging from $13.53 to $14.55 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.

F5

The price of $14.54 per share represents a weighted average of purchase prices ranging from $14.25 to $14.75 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.

Read the full filing on SEC EDGAR (opens in a new tab)