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(the \"Exchange Ratio\") at the effective time of the merger pursuant to that certain Agreement and Plan of Merger, dated as of October 29, 2017, by and among Strayer Education, Inc. (which was renamed \"Strategic Education, Inc.\" on August 1, 2018), Capella and Sarg Sub Inc. (\"Merger Sub\"), whereby the parties thereto effected the merger of Capella into Merger Sub to become a wholly owned subsidiary of Strayer Education, Inc.(the \"Merger\"). No additional consideration was received in connection with the disposition of such securities."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Includes 1,894 deferred stock units to be settled in Capella common stock. The deferred stock units were fully vested prior to the closing of the Merger. Pursuant to the Merger Agreement, each deferred stock unit was disposed of in exchange for a number of deferred stock units to be settled in common stock of Strategic Education, Inc. based on the Exchange Ratio. The deferred stock units will be subject to substantially the same terms and conditions of the Capella deferred stock units. No additional consideration was received in connection with the disposition of such securities."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0001209191-18-045144","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1104349/000120919118045144/doc4.xml","form_type":"4"}},{"id":4333550,"issuer":{"id":164510,"kind":"organization","name":"CAPELLA EDUCATION CO","symbol":"CPLA"},"owners":[{"id":44557,"kind":"person","name":"Miller Jody","position":1,"cik":"0001325501","reported_name":"Miller Jody","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2017-05-04T16:41:31.000Z","date":"2017-05-02","kind":"grant","acquired":true,"shares":1054,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Represents restricted stock units that will vest in full on April 30, 2018, and will be settled in shares of CPLA common stock on a 1:1 basis."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Represents restricted stock units that will vest in full on April 30, 2018, and will be settled in shares of CPLA common stock on a 1:1 basis."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 1,054 restricted stock units that will vest and be settled in shares of CPLA common stock per footnote 1, and 1,894 deferred stock units that will be settled in shares of CPLA common stock on a 1:1 basis at the time the reporting person leaves the board or the company experiences a change-in-control."}],"balance_after":13104,"source":{"system":"sec-edgar","filing":"0001209191-17-030019","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1104349/000120919117030019/doc4.xml","form_type":"4"}}]}