Hurst Andrew's Form 4 filing
Perdoceo Education Corp (PRDO) · filed Aug 21, 2023
- Accession no.
- 0001209191-23-046697
- Filed
- Aug 21, 2023
- Trade date
- Aug 17-18, 2023
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Checked
This filing lists 6 non-derivative transactions and 4 derivative transactions. Open-market sales total $482.1K. It was filed 4 days 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.
| Owner | Relationship to the company |
|---|---|
| Hurst AndrewCIK 0001656766 | Director, Officer (President & CEO) |
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 |
|---|---|---|---|---|---|---|---|---|
| Aug 17, 2023 | Common Stock | MOption exerciseAcquired | +7,500 | $5.00 | +$37,500 | 360,141 | Direct | |
| Aug 17, 2023 | Common Stock | MOption exerciseAcquired | +7,500 | $5.90 | +$44,250 | 367,641 | Direct | |
| Aug 17, 2023 | Common Stock | SSaleDisposed | −15,000 | $16.12F1 | −$241,800 | 352,641 | Direct | |
| Aug 18, 2023 | Common Stock | MOption exerciseAcquired | +7,500 | $5.00 | +$37,500 | 360,141 | Direct | |
| Aug 18, 2023 | Common Stock | MOption exerciseAcquired | +7,500 | $5.90 | +$44,250 | 367,641 | Direct | |
| Aug 18, 2023 | Common Stock | SSaleDisposed | −15,000 | $16.02F2 | −$240,300 | 352,641 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 17, 2023 | Common Stock | MOption exerciseDisposed | −7,500 | $0.00 | $0 | 15,306 | Direct | |
| Aug 17, 2023 | Common Stock | MOption exerciseDisposed | −7,500 | $0.00 | $0 | 16,204 | Direct | |
| Aug 18, 2023 | Common Stock | MOption exerciseDisposed | −7,500 | $0.00 | $0 | 7,806 | Direct | |
| Aug 18, 2023 | Common Stock | MOption exerciseDisposed | −7,500 | $0.00 | $0 | 8,704 | Direct |
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.
- F1
This transaction was executed in multiple trades at prices ranging from $16.02 to $16.23. The price reported in Column 4 reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon written request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transactions were effected.
Referenced by the price of 1 transaction in Table I.
- F2
This transaction was executed in multiple trades at prices ranging from $15.89 to $16.16. The price reported in Column 4 reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon written request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transactions were effected.
Referenced by the price of 1 transaction in Table I.
Remarks
The option exercise and sale reported on the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2023.