0001209191-12-044908.txt : 20120910 0001209191-12-044908.hdr.sgml : 20120910 20120910171545 ACCESSION NUMBER: 0001209191-12-044908 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120906 FILED AS OF DATE: 20120910 DATE AS OF CHANGE: 20120910 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Richardson Brent D. CENTRAL INDEX KEY: 0001447565 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34211 FILM NUMBER: 121083806 MAIL ADDRESS: STREET 1: 3300 W. CAMELBACK ROAD CITY: PHOENIX STATE: AZ ZIP: 85017 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Grand Canyon Education, Inc. CENTRAL INDEX KEY: 0001434588 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 203356009 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3300 W. CAMELBACK ROAD CITY: PHOENIX STATE: AZ ZIP: 85017 BUSINESS PHONE: 602-639-7500 MAIL ADDRESS: STREET 1: 3300 W. CAMELBACK ROAD CITY: PHOENIX STATE: AZ ZIP: 85017 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2012-09-06 0 0001434588 Grand Canyon Education, Inc. LOPE 0001447565 Richardson Brent D. 3300 W. CAMELBACK ROAD PHOENIX AZ 85017 1 1 0 0 Executive Chairman Common Stock 2012-09-06 4 S 0 35000 22.27 D 626504 I Exeter Capital, LLC Common Stock 2012-09-07 4 S 0 20000 22.65 D 591504 I Exeter Capital, LLC These sales were effected pursuant to a 10b5-1 plan adopted by the reporting person dated December 14, 2010 and modified by the reporting person on September 14, 2011. On September 7, 2012, the reporting person sold all shares authorized under the 10b5-1 plan resulting in its termination. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.85 to $22.30, inclusive. The reporting person undertakes to provide to Grand Canyon Education, Inc., any security holder of Grand Canyon Education, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (4) to this Form 4. A Form 4 filed on November 3, 2011 contained an administrative error that underreported the shares beneficially owned by the reporting person by 75,000 shares. Therefore, the amount reported on this Form 4 has been corrected to accurately reflect the correct amount of shares beneficially owned by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.25 to $22.74, inclusive. /s/ Lyn Bickle, Attorney-in-Fact 2012-09-10 EX-24.4_437845 2 poa.txt POA DOCUMENT LIMITED POWER OF ATTORNEY FOR SECTION 16(a) REPORTING KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned hereby makes, constitutes and appoints Daniel E. Bachus, Brian M. Roberts and Lyn Bickle, and each of them, as the undersigned's true and lawful attorney-in-fact (the "Attorney-in Fact"), with full power of substitution and resubstitution, each with the power to act alone for the undersigned and in the undersigned's name, place and stead, in any and all capacities to: 1. prepare, execute and file with the Securities and Exchange Commission, any national securities exchange or securities quotation system and Grand Canyon Education, Inc. (the "Company") any and all reports (including any amendment thereto) of the undersigned required or considered advisable under Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules and regulations thereunder, with respect to the equity securities of the Company, including Forms 3, 4 and 5; and 2. obtain, as the undersigned's representative and on the undersigned's behalf, information regarding transactions in the Company's equity securities from any third party, including the Company and any brokers, dealers, employee benefit plan administrators and trustees, and the undersigned hereby authorizes any such third party to release any such information to the Attorney-in-Fact. The undersigned acknowledges that: 1. this Limited Power of Attorney authorizes, but does not require, the Attorney-in-Fact to act at his or her discretion on information provided to such Attorney-in-Fact without independent verification of such information; 2. any documents prepared or executed by the Attorney-in-Fact on behalf of the undersigned pursuant to this Limited Power of Attorney will be in such form and will contain such information as the Attorney-in-Fact, in his or her discretion, deems necessary or desirable; 3. neither the Company nor the Attorney-in-Fact assumes any liability for the undersigned's responsibility to comply with the requirements of Section 16 of the Exchange Act, any liability of the undersigned for any failure to comply with such requirements, or any liability of the undersigned for disgorgement of profits under Section 16(b) of the Exchange Act; and 4. this Limited Power of Attorney does not relieve the undersigned from responsibility for compliance with the undersigned's obligations under Section 16 of the Exchange Act, including, without, limitation, the reporting requirements under Section 16(a) of the Exchange Act. The undersigned hereby grants to the Attorney-in-Fact full power and authority to do and perform each and every act and thing requisite, necessary or convenient to be done in connection with the foregoing, as fully, to all intents and purposes, as the undersigned might or could do in person, hereby ratifying and confirming all that the Attorney-in-Fact, or his or her substitute or substitutes, shall lawfully do or cause to be done by authority of this Limited Power of Attorney. This Limited Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 4 or 5 with respect to the undersigned's transactions in equity securities of the Company, unless earlier revoked by the undersigned in a signed writing delivered to the Attorney-in-Fact. This Limited Power of Attorney shall be governed and construed in accordance the laws of the State of Arizona without regard to conflict-of-law principles. IN WITNESS WHEREOF, the undersigned has executed this Limited Power of Attorney as of September 5, 2012. Signature: /s/ Brent Richardson Print Name: Brent Richardson