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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
1333510	T Harry Wilkins	111 West Congress Street Charles Town WV 25414	Evp, Chief Financial Officer	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	Disposition	2012-01-03	350	$42.85	69,701	No	4	F	Direct
Common Stock, Par Value $.01	Disposition	2012-01-04	362	$42.88	69,339	No	4	F	Direct
Common Stock, Par Value $.01	Acquisiton	2012-01-27	6,192	$0.00	75,531	No	4	A	Direct
Common Stock, Par Value $.01	Disposition	2011-07-25	1,000	$48.46	9,112	No	4	S	Indirect	By Wilkins Asset Management, Inc.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	F	Direct
No	4	F	Direct
No	4	A	Direct
No	4	S	Indirect	By Wilkins Asset Management, Inc.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $.01	360	Indirect	By son

Footnotes

Award vests in three equal annual installments beginning on January 27, 2013.
Restricted Stock Award pursuant to the American Public Education, Inc. 2011 Omnibus Incentive Plan.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Sales Plan adopted by the reporting person on March 19, 2009, as amended on September 7, 2010.
The price of $48.4598 per share represents a weighted average of sales prices ranging from $47.88 to $48.7512 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.
The amount of securities beneficially owned following the reported transaction has been adjusted to correct for a previous arithmetic error.
The reporting person disclaims beneficial ownership, except to the extent of his pecuniary benefit, of the securities owned by Wilkins Asset Management, Inc., and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares for purposes of Section 16 or for any other purpose.