X0202 4 2005-02-15 0 0001002037 LEARNING TREE INTERNATIONAL INC LTRE 0001024644 COLLINS DAVID C 6053 W CENTURY BLVD C/O LEARNING TREE INTERNATIONAL INC LOS ANGELES CA 90049 1 1 1 0 CEO Common Stock 2005-02-15 4 S 0 13581 14.5 D 3669346 I See final footnote. Common Stock 2005-02-15 4 S 0 500 14.51 D 3669346 I See final footnote. Common Stock 2005-02-15 4 S 0 2071 14.52 D 3669346 I See final footnote. Common Stock 2005-02-15 4 S 0 900 14.53 D 3669346 I See final footnote. Common Stock 2005-02-15 4 S 0 1023 14.54 D 3669346 I See final footnote. Common Stock 2005-02-15 4 S 0 800 14.55 D 3669346 I See final footnote. Common Stock 2005-02-15 4 S 0 200 14.56 D 3669346 I See final footnote. Common Stock 2005-02-15 4 S 0 100 14.57 D 3669346 I See final footnote. Common Stock 2005-02-15 4 S 0 100 14.58 D 3669346 I See final footnote. Common Stock 2005-02-15 4 S 0 400 14.59 D 3669346 I See final footnote. Common Stock 2005-02-15 4 S 0 100 14.6 D 3669346 I See final footnote. Common Stock 2005-02-15 4 S 0 25 14.61 D 3669346 I See final footnote. Common Stock 2005-02-15 4 S 0 100 14.65 D 3669346 I See final footnote. Common Stock 2005-02-15 4 S 0 100 14.7 D 3669346 I See final footnote. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person as of February 26, 2003. 6,791 shares sold by The Collins Family Foundation, a private charitable foundation of which the reporting person is a director, and 6,790 shares sold by The Pegasus Foundation, a charitable support organization of which the reporting person is a trustee. Beneficial ownership of all shares owned by The Collins Family Foundation and by The Pegasus Foundation is disclaimed by the reporting person. See Footnote 13 for ownership explanation. 250 shares sold by The Collins Family Foundation and 250 shares sold by The Pegasus Foundation. See Footnote 2 and final footnote for ownership information. 1,035 shares sold by The Collins Family Foundation and 1,036 shares sold by The Pegasus Foundation. See Footnote 2 and final footnote for ownership information. 450 shares sold by The Collins Family Foundation and 450 shares sold by The Pegasus Foundation. See Footnote 2 and final footnote for ownership information. 511 shares sold by The Collins Family Foundation and 512 shares sold by The Pegasus Foundation. See Footnote 2 and final footnote for ownership information. 400 shares sold by The Collins Family Foundation and 400 shares sold by The Pegasus Foundation. See Footnote 2 and final footnote for ownership information. 100 shares sold by The Collins Family Foundation and 100 shares sold by The Pegasus Foundation. See Footnote 2 and final footnote for ownership information. 50 shares sold by The Collins Family Foundation and 50 shares sold by The Pegasus Foundation. See Footnote 2 and final footnote for ownership information. 200 shares sold by The Collins Family Foundation and 200 shares sold by The Pegasus Foundation. See Footnote 2 and final footnote for ownership information. 13 shares sold by The Collins Family Foundation and 12 shares sold by The Pegasus Foundation. See Footnote 2 and final footnote for ownership information. Explanation of Ownership: EXCLUDES the following shares, beneficial ownership of which is disclaimed by the reporting person: 119,918 shares held by The Collins Family Foundation, a private charitable foundation of which the reporting person is a director; 172,098 shares held by The Pegasus Foundation, a charitable support organization of which the reporting person is a trustee; 12,000 vested options owned by the reporting person's spouse and 197,640 shares held by the Mary C. Collins 1997 Trust as the separate property of the reporting person's spouse. INCLUDES the following: 1,472,248 shares held by the David C. Collins 1997 Trust as the reporting person's separate property; 2,074,818 shares held by DCMA Holdings, LP, of which the reporting person and Mary C. Adams are general partners. Although the shares held by DCMA Holdings, LP, are included, the reporting person disclaims beneficial ownership of such shares. /s/ David C. Collins 2005-02-17