X0306 4 2015-08-12 0 0001046568 CAREER EDUCATION CORP CECO 0001237505 NELSON TODD S CAREER EDUCATION CORPORATION 231 N. MARTINGALE ROAD SCHAUMBURG IL 60173 1 1 0 0 President & CEO Common Stock 2015-08-12 4 A 0 59524 0.00 A 59524 D Non-Qualified Stock Option (right to buy) 4.15 2015-08-12 4 A 0 250732 0.00 A 2025-08-12 Common Stock 250732 250732 D Cash-settled RSU 2015-08-12 4 A 0 59524 0.00 A 2019-09-14 Common Stock 59524 59524 D Cash-settled RSU 2015-08-12 4 A 0 520834 0.00 A 2017-09-14 Common Stock 520834 520834 D Restricted stock units granted pursuant to the Career Education Corporation 2008 Incentive Compensation Plan (the "2008 Plan"), with each restricted stock unit representing the contingent right to receive one share of Issuer's common stock. The restricted stock units shall vest in four equal annual installments on each of September 14, 2016, 2017, 2018 and 2019. Exercisable in four equal annual installments on each of September 14, 2016, 2017, 2018 and 2019. Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock. Cash-settled RSUs granted under the 2008 Plan. These cash-settled RSUs vest in four equal annual installments on each of September 14, 2016, 2017, 2018 and 2019. These cash-settled RSUs vest in two equal annual installments on each of September 14, 2016 and 2017. Jeffrey D. Ayers as Power of Attorney for: Todd S. Nelson 2015-08-13