X0201 4 2003-07-25 0 0001046568 CAREER EDUCATION CORP CECO 0001216306 LAUB WALLACE O 77732 COTTONWOOD COVE INDIAN WELLS CA 92210 1 0 0 0 Common Stock 2003-07-25 4 M 0 16000 44.13 A 30292 I By Wolcon Living Trust, established August 18, 1997, for whom Mr. Laub is a Co-Trustee. Common Stock 2003-07-25 4 S 0 1000 82.25 D 29292 I By Wolcon Living Trust, established August 18, 1997, for whom Mr. Laub is a Co-Trustee. Common Stock 2003-07-25 4 S 0 1000 82.52 D 28292 I By Wolcon Living Trust, established August 18, 1997, for whom Mr. Laub is a Co-Trustee. Common Stock 2003-07-25 4 S 0 5000 83.05 D 23292 I By Wolcon Living Trust, established August 18, 1997, for whom Mr. Laub is a Co-Trustee. Common Stock 2003-07-25 4 S 0 5000 83.25 D 18292 I By Wolcon Living Trust, established August 18, 1997, for whom Mr. Laub is a Co-Trustee. Common Stock 2003-07-25 4 S 0 4000 83.60 D 14292 I 20 by Spouse and balance by Wolcon Living Trust, established August 18, 1997, for whom Mr. Laub Stock Option (right to buy) 44.13 2003-07-25 4 M 0 16000 44.13 D 2004-05-17 2012-05-16 Common Stock 24000 8000 I By Wolcon Living Trust, established August 18, 1997, for whom Mr. Laub is a Co-Trustee. The reporting person disclaims beneficial ownership of 20 of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. /s/ Wallace O. Laub 2003-07-28