FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

LORAINE DONNA M

2. Date of Event Requiring Statement (MM/DD/YYYY)
5/16/2016 

3. Issuer Name and Ticker or Trading Symbol

DEVRY EDUCATION GROUP INC. [DV]

(Last)        (First)        (Middle)

3005 HIGHLAND PARKWAY

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
President, Carrington Colleges /

(Street)

DOWNERS GROVE, IL 60515       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   (1) 8271   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (Right to Buy)   8/31/2008   (2) 8/31/2017   Common Stock   2800   $34.53   D    
Incentive Stock Option (Right to Buy)   8/28/2009   (2) 8/28/2018   Common Stock   2107   $51.23   D    
Non-qualified Stock Option (Right to Buy)   8/28/2009   (2) 8/28/2018   Common Stock   1093   $51.23   D    
Incentive Stock Option (Right to Buy)   8/28/2010   (2) 8/28/2019   Common Stock   550   $52.28   D    
Non-qualified Stock Option (Right to Buy)   8/28/2010   (2) 8/28/2019   Common Stock   2475   $52.28   D    
Incentive Stock Option (Right to Buy)   8/27/2011   (2) 8/27/2020   Common Stock   2150   $38.71   D    
Non-qualified Stock Option (Right to Buy)   8/27/2011   (2) 8/27/2020   Common Stock   2150   $38.71   D    
Incentive Stock Option (Right to Buy)   8/24/2012   (2) 8/24/2021   Common Stock   2987   $41.87   D    
Non-qualified Stock Option (Right to Buy)   8/24/2012   (2) 8/24/2021   Common Stock   1063   $41.87   D    
Incentive Stock Option (Right to Buy)   8/29/2013   (2) 8/29/2022   Common Stock   5424   $18.60   D    
Non-qualified Stock Option (Right to Buy)   8/29/2013   (2) 8/29/2022   Common Stock   1421   $18.60   D    
Incentive Stock Option (Right to Buy)   8/21/2014   (3) 8/21/2023   Common Stock   6475   $28.32   D    

Explanation of Responses:
( 1)  Includes restricted stock units which represent a right to receive one share of common stock for each restricted stock unit. Each restricted stock units vest 25% on the anniversary of the original grant date and is fully-vested on the four year anniversary of the grant date
( 2)  This option vests at 25% per year and will be fully vested at the end of the 4th year. This option was issued in two parts - one as an incentive stock option (ISO), and the other as a non-qualified stock option (NQSO) due to the ISO limitations.
( 3)  This option vests at 25% per year. This option will be fully vested at the end of the 4th year.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
LORAINE DONNA M
3005 HIGHLAND PARKWAY
DOWNERS GROVE, IL 60515


President, Carrington Colleges

Signatures
/s/ Gregory S. Davis, for Donna M. Loraine 5/25/2016
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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