X0306 4 2020-12-04 0 0001046568 PERDOCEO EDUCATION Corp PRDO 0001237505 NELSON TODD S PERDOCEO EDUCATION CORPORATION 231 N. MARTINGALE ROAD SCHAUMBURG IL 60173 1 1 0 0 President & CEO Common Stock 2020-12-04 4 M 0 62683 4.15 A 1005442 D Common Stock 2020-12-04 4 S 0 39850 12.23 D 965592 D Common Stock 2020-12-07 4 M 0 91887 8.30 A 1057479 D Common Stock 2020-12-07 4 S 0 76150 12.10 D 981329 D Non-Qualified Option (right to buy) 4.15 2020-12-04 4 M 0 62683 0.00 D 2025-08-12 Common Stock 62683 0 D Non-Qualified Option (right to buy) 8.30 2020-12-07 4 M 0 91887 0.00 D 2027-03-06 Common Stock 91887 30629 D The option exercise and sale reported on the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 21, 2020. This transaction was executed in multiple trades at prices ranging from $11.90 to $12.34. The price reported in Column 4 reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon written request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades at prices ranging from $11.96 to $12.41. The price reported in Column 4 reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon written request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transactions were effected. Includes 556,244 restricted stock units granted pursuant to the Issuer's 2008 or 2016 Incentive Compensation Plans, with each unit representing the contingent right to receive one share of Issuer's common stock. On August 12, 2015 the Reporting Person was granted 250,732 non-qualified stock options. The option grant vested in four installments on September 14, 2016, 2017, 2018 and 2019. On March 6, 2017 the Reporting Person was granted 122,516 non-qualified stock options. The option grant vests in four installments on March 14, 2018, 2019, 2020 and 2021. Todd S. Nelson by POA: Michele R. Chaffee 2020-12-08