Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Peppers Michele A
  2. Issuer Name and Ticker or Trading Symbol
CAREER EDUCATION CORP [CECO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Principal Accounting Officer
(Last)
(First)
(Middle)
CAREER EDUCATION CORPORATION, 231 N. MARTINGALE ROAD
3. Date of Earliest Transaction (Month/Day/Year)
03/14/2018
(Street)

SCHAUMBURG, IL 60173
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/14/2018   F   371 (1) D $ 13.85 60,694 D  
Common Stock 03/14/2018   F   1,178 (1) D $ 13.85 59,516 D  
Common Stock 03/14/2018   F   213 (1) D $ 13.85 59,303 D  
Common Stock 03/14/2018   M   1,603 A (2) 60,906 D  
Common Stock 03/14/2018   D   1,603 D $ 13.85 59,303 D  
Common Stock 03/14/2018   M   1,264 A (2) 60,567 D  
Common Stock 03/14/2018   D   1,264 D $ 13.85 59,303 D  
Common Stock 03/14/2018   M   4,020 A (2) 63,323 D  
Common Stock 03/14/2018   D   4,020 D $ 13.85 59,303 D  
Common Stock 03/14/2018   F   1,641 (1) D $ 13.85 57,662 D  
Common Stock 03/14/2018   F   2,462 (1) D $ 13.85 55,200 (3) D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Cash-Settled RSU (2) 03/14/2018   M     1,603 03/14/2018 03/14/2018 Common Stock 1,603 (2) 0 D  
Cash-Settled RSU (2) 03/14/2018   M     1,264   (4) 03/14/2019 Common Stock 1,264 (2) 1,264 D  
Cash-Settled RSU (2) 03/14/2018   M     4,020   (5) 03/14/2020 Common Stock 4,020 (2) 8,040 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Peppers Michele A
CAREER EDUCATION CORPORATION
231 N. MARTINGALE ROAD
SCHAUMBURG, IL 60173
      Principal Accounting Officer  

Signatures

 Michele A. Peppers by POA: Greg E. Jansen   03/16/2018
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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).
(1) Reflects shares of common stock surrendered to the Company to satisfy tax withholding obligations in connection with the vesting of restricted stock or stock units.
(2) Each cash-settled RSU is the economic equivalent of one share of Issuer's common stock.
(3) Includes 28,838 restricted stock units granted pursuant to the Career Education Corporation 2008 or 2016 Incentive Compensation Plans, with each unit representing the contingent right to receive one share of Issuer's common stock.
(4) The remaining cash-settled RSUs vest in one additional installment on March 14, 2019.
(5) The remaining cash-settled RSUs vest in two equal installments on March 14, 2019 and 2020.

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