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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1201792	American Public Education Inc	APEI	Services-Educational Services (8200)	010724376

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1417449	B. Frank Mccluskey	111 W. Congress Street Charles Town WV 25414	Evp, Provost	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $.01	Acquisiton	2010-02-03	21,782	$3.29	45,580	No	4	M	Direct
Common Stock, Par Value $.01	Disposition	2010-06-11	15,000	$47.27	30,580	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2010-02-03	21,782	$0.00	21,782	$3.29

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
30,394		2016-02-27	No	4	M	Direct

Footnotes

The price of $47.27 per share represents a weighted average of sales prices ranging from $47.00 to $47.77 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
As of the date of this report, 15,197 shares were exercisable. The remaining shares underlying the option become exercisable on February 28, 2011.