X0306 4 2014-11-10 0001201792 AMERICAN PUBLIC EDUCATION INC APEI 0001417316 Boston Wallace E. Jr. 111 WEST CONGRESS STREET CHARLES TOWN WV 25414 1 1 0 0 President and CEO Common Stock, par value $0.01 2014-11-10 4 S 0 2000 36.00 D 0 I By The Boston Family LLC Common Stock, par value $0.01 255533 D The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan. The Boston Family LLC is 100% owned by trusts for the benefit of the reporting person's family members. The wife of the reporting person is the managing member of The Boston Family, LLC and has voting and dispositive power over the shares. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein. /s/ Richard W. Sunderland, Jr., Attorney-in-Fact 2014-11-13