Filing Details

Accession Number:
0001213900-16-016519
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-31 16:41:41
Reporting Period:
2016-08-29
Filing Date:
2016-08-31
Accepted Time:
2016-08-31 16:41:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
922475 Itt Educational Services Inc ESI Services-Educational Services (8200) 362061311
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1674739 Yude Zhang 51 Golden Eagle
Irvine CA 92603
No No Yes No
1674742 Zhifeng Zhang Huali Rd #1 Huali Xue Yuan Guang Shan Rd
Zeng Cheng District
Guangzhou F4 511325
No No Yes 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 Disposition 2016-08-29 1,220,000 $0.47 2,009,382 No 4 S Indirect See footnote
Common Stock Disposition 2016-08-30 2,009,382 $0.37 0 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
No 4 S Indirect See footnote
Footnotes
  1. On August 29, 2016 and August 30, 2016, the Reporting persons sold all of the then beneficially owned by them in open market transactions. The transaction on August 29, 2016 was executed in multiple trades at prices ranging from $0.43 to $0.50. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon 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 transaction was effected.
  2. Shares of Common Stock owned by KHLU Limited. Mr. Zhifeng Zhang is the sole shareholder of the KHLU Limited and has voting and dispositive power over the shares held by KHLU Limited. Mr. Yude Zhang is the director of KHLU Limited and has voting and dispositive power over the shares held by KHLU Limited.
  3. This transaction was executed in one trade at $0.37 per share. The transaction on August 30, 2016 was executed in multiple trades at prices ranging from $0.36 to $0.43. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon 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 transaction was effected.