Form Type: 4

Accession Number:	0001209191-20-050030
Date:	2020-09-09
Issuer:	PERDOCEO EDUCATION CORP (PRDO)
Original Submission Date:

Reporting Person:

CZESZEWSKI DAVID C.
PERDOCEO EDUCATION CORPORATION
231 N. MARTINGALE ROAD SCHAUMBURG, IL 60173

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of Security	Transaction Date	2a. Deemed Execution Date	Transaction Code	Shares	Acquired or Disposed	Price per share	5. Amount of Securities Beneficially Owned Following Reported Transaction	6. Ownership Form Direct or Indirect	Nature of Indirect Ownership
COMMON STOCK	2020-09-09		S	16,824	d	$12.92	104,785	direct
COMMON STOCK	2020-09-10		M	20,707	a	$4.49	125,492	direct
COMMON STOCK	2020-09-10		S	17,505	d	$12.47	107,987	direct
COMMON STOCK	2020-09-10		S	3,202	d	$12.62	104,785	direct

Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security	Conversion or Exercise Price of Derivative Security	Transaction Date	Deemed Execution Date	Transaction Code	Number of Derivative Securities Acquired (A) or Disposed of (D)	Date Exercisable	Expiration Date	Title and Amount of Securities Underlying Derivative Security	Price of Derivative Security	Number of derivative Securities Beneficially Owned Following Reported Transaction(s)	Ownership Form: Direct (D) or Indirect (I)	Nature of Indirect Beneficial Ownership
NON-QUALIFIED OPTION (RIGHT TO BUY)	4.49	2020-09-10	deemed execution date	M	20,707 (d)		2026-03-07	common stock 20,707	$4.49	30,509	direct

Footnotes
ID	footnote
f1	this transaction was executed in multiple trades at prices ranging from $12.89 to $12.98. 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 issuer, full information regarding the number of shares and prices at which the transactions were effected.
f2	this transaction was executed in multiple trades at prices ranging from $12.45 to $12.50. 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 issuer, full information regarding the number of shares and prices at which the transactions were effected.
f3	this transaction was executed in multiple trades at prices ranging from $12.60 to $12.62. 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 issuer, full information regarding the number of shares and prices at which the transactions were effected.
f4	includes 72,887 restricted stock units granted pursuant to issuer's 2008 or 2016 incentive compensation plans, with each unit representing the contingent right to receive one share of issuer's common stock.
f5	includes 1,005 shares acquired under issuer's employee stock purchase plan.
f6	on march 7, 2016 the reporting person was granted 51,216 non-qualified stock options. the option grant vested in four installments on march 14, 2017, 2018, 2019 and 2020.

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