SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Providence Equity Partners V L.L.C. (Last) (First) (Middle) C/O PROVIDENCE EQUITY PARTNERS L.L.C. 50 KENNEDY PLAZA, 18TH FLOOR (Street) PROVIDENCE RI 02903 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol EDUCATION MANAGEMENT CORPORATION [ EDMC ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 10/28/2011
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01 per share	10/28/2010		J(1)		4,769	A(1)	(1)	40,877,166	I	See footnote(2)(3)(4)(5)
Common Stock, par value $0.01 per share	10/28/2010		J(1)		4,769	A	(1)	40,881,935	I	See footnote(2)(3)(4)(5)(6)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* Providence Equity Partners V L.L.C. (Last) (First) (Middle) C/O PROVIDENCE EQUITY PARTNERS L.L.C. 50 KENNEDY PLAZA, 18TH FLOOR (Street) PROVIDENCE RI 02903 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Providence Equity Partners V L P (Last) (First) (Middle) C/O PROVIDENCE EQUITY PARTNERS INC L.L.C 50 KENNEDY PLAZA, 18TH FLOOR (Street) PROVIDENCE RI 02903 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Providence Equity GP V L.P. (Last) (First) (Middle) C/O PROVIDENCE EQUITY PARTNERS INC. 50 KENNEDY PLAZA, 18TH FLOOR (Street) PROVIDENCE RI 02903 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Providence Equity Partners V-A L P (Last) (First) (Middle) C/O PROVIDENCE EQUITY PARTNERS INC L.L.C 50 KENNEDY PLAZA, 18TH FLOOR (Street) PROVIDENCE RI 02903 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* PROVIDENCE EQUITY PARTNERS IV LP (Last) (First) (Middle) C/O PROVIDENCE EQUITY PARTNERS INC L.L.C 50 KENNEDY PLAZA, 18TH FLOOR (Street) PROVIDENCE RI 02903 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Providence Equity GP IV L.P. (Last) (First) (Middle) C/O PROVIDENCE EQUITY PARTNERS INC L.L.C 50 KENNEDY PLAZA, 18TH FLOOR (Street) PROVIDENCE RI 02903 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Providence Equity Partners IV, L.L.C. (Last) (First) (Middle) C/O PROVIDENCE EQUITY PARTNERS INC L.L.C 50 KENNEDY PLAZA, 18TH FLOOR (Street) PROVIDENCE RI 02903 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* PROVIDENCE EQUITY OPERATING PARTNERS IV LP (Last) (First) (Middle) C/O PROVIDENCE EQUITY PARTNERS INC. 50 KENNEDY PLAZA, 18TH FLOOR (Street) PROVIDENCE RI 02903 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* PEP EDMC L.L.C. (Last) (First) (Middle) C/O PROVIDENCE EQUITY PARTNERS INC. 50 KENNEDY PLAZA, 18TH FLOOR (Street) PROVIDENCE RI 02903 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* NELSON JONATHAN M (Last) (First) (Middle) C/O PROVIDENCE EQUITY PARTNERS INC. 50 KENNEDY PLAZA, 18TH FLOOR (Street) PROVIDENCE RI 02903 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. On the Transaction Date, and pursuant to the Omnibus Stock Option Plan: (i) Paul J. Salem was granted 2,761 restricted shares of common stock and 2,008 shares of common stock; and (ii) Peter Osgood Wilde, Jr. was granted 2,761 restricted shares of common stock and 2,008 shares of common stock, each as nominees for PEP LLC.

2. Representing: (i) 32,317,772 shares of common stock are directly held by Providence Equity Partners V L.P. ("PEP V"); (ii) 5,104,728 shares of common stock are directly held by Providence Equity Partners V-A L.P. ("PEP V-A"); (iii) 2,675,590 shares of common stock are directly held by Providence Equity Partners IV L.P. ("PEP IV"); (iv) 8,629 shares of common stock are directly held by Providence Equity Operating Partners IV L.P. ("PEOP IV"); (v) 740,880 shares of common stock are directly held by PEP EDMC L.L.C. ("PEP EDMC"); (vi) 8,892 shares of common stock are directly held by Mr. Salem as nominee for PEP LLC; (vii) 8,892 shares of common stock are directly held by Mr. Wilde as nominee for PEP LLC; and (viii) 16,552 shares of common stock are directly held by PEP LLC.

3. Certain Reporting Persons may be deemed to indirectly own the securities listed above as follows: (a) Providence Equity GP V L.P. ("PEP GP V"), as general partner of PEP V and PEP V-A; (b) Providence Equity Partners V L.L.C. ("PEP V LLC") as general partner of PEP GP V; (c) Providence Equity GP IV L.P. ("PEP GP IV"), as general partner of PEP IV and PEOP IV; (d) PEP V, PEP V-A, PEP IV and PEOP IV as the members of PEP EDMC L.L.C.; (e) Providence Equity Partners IV L.L.C. ("PEP IV LLC") as general partner of PEP GP IV; (f) Providence Equity Partners V Inc. as the former investment manager of PEP V; (g) Providence Equity Partners IV Inc. as the former investment manager of PEP IV; and (h) PEP LLC, as management company to PEP V, PEP V-A, PEP IV and PEOP IV. Each of PEP GP V, PEP V LLC, PEP GP IV, PEP IV LLC, PEP V, PEP V-A, PEP IV, PEOP IV, PEP V, Inc., PEP IV, Inc. and PEP LLC disclaims indirect beneficial ownership except to the extent of each of their respective pecuniary interests

4. Messrs. Jonathan Nelson, Glenn Creamer and Paul Salem each are: (1) partners of PEP GP IV; (2) indirect beneficial owners of PEP GP V, PEP V LLC, PEP V, Inc. and PEP IV, Inc.; (3) members of PEP LLC; and (4) members of PEP IV LLC, and may be deemed to share beneficial ownership of shares owned by PEP V, PEP V-A, PEP IV, PEOP IV, PEP EDMC LLC, PEP V, Inc., PEP IV, Inc. and PEP LLC or held by Messrs. Salem and Wilde as nominees for such entities. Each of Messrs. Nelson, Creamer and Salem disclaims this beneficial ownership, except to the extent of each of their respective pecuniary interests therein.

5. See Exhibit 99.1, incorporated by reference herein.

6. Due to the number of Reporting Persons this filing has been split into two submissions. This is part 1 of 2.

Remarks:

	/s/ Paul J. Salem	11/01/2011
	** Signature of Reporting Person	Date
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