X0202 4 2008-02-19 0 0001201792 AMERICAN PUBLIC EDUCATION INC APEI 0001417316 Boston Wallace E. Jr. 111 W. CONGRESS STREET CHARLES TOWN WV 25414 1 1 0 0 President and CEO Common Stock, par value $.01 2008-02-19 4 S 0 44000 33.5475 D 277451 D Common Stock, par value $.01 62814 I By The Boston Family LLC The reporting person is the managing member of The Boston Family LLC, which is 98% owned by trusts for the benefit of the reporting person's family members. The reporting person has voting and dispositive power over the shares and disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein. /s/ Lisa G. Kesslery, Attorney-in-Fact 2008-02-21