22 unchanged sentences
Based on its assessment, management believes that, as of December 31, 2021, the Company’s internal control over financial reporting is effective.
−Removed: The effectiveness of our internal control over financial reporting as of and for the year ended December 31, 2020 has been audited by KPMG LLP, an independent registered public accounting firm, as stated in their audit report which is included herein.
+Added: The effectiveness of our internal control over financial reporting as of December 31, 2021 has been audited by KPMG LLP, an independent registered public accounting firm, as stated in their audit report which is included herein.
Report of Independent Registered Public Accounting Firm
20 unchanged sentences
(2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company;
−Removed: and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.
+Added: and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the consolidated financial statements.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.
Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
−Removed: Tempe, Arizona
+Added: Phoenix, Arizona
February 16, 2022
3 unchanged sentences
We have a policy governing transaction in our securities by directors, officers, employees and others which permits these individuals to enter into trading plans complying with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
−Removed: We have been advised that Brian Mueller, our Chief Executive Officer and Chairman;
−Removed: Stan Meyer, our Chief Operating Officer;
−Removed: and Dan Bachus, our Chief Financial Officer, each entered into trading plans on September 10, 2020, each of which was in accordance with Rule 10b5-1 and our policy governing transactions in our securities.
Generally, under these trading plans, the individual relinquishes control over the transactions once the trading plan is put into place.
60 unchanged sentences
Incorporated by reference to Exhibit 10.3 to GCE’s Quarterly Report on Form 10-Q filed with the SEC on November 8, 2018.
−Removed: Second Amended and Restated Executive Employment Agreement, dated July 1, 2018, by and between Grand Canyon Education, Inc.
−Removed: and Joseph N.
−Removed: Incorporated by reference to Exhibit 10.4 to GCE’s Quarterly Report on Form 10-Q filed with the SEC on November 8, 2018.
First Amended and Restated Executive Employment Agreement, dated July 1, 2018, by and between Grand Canyon Education, Inc.
1 unchanged sentence
Incorporated by reference to Exhibit 10.5 to GCE’s Quarterly Report on Form 10-Q filed with the SEC on November 8, 2018.
−Removed: Method of Filing
Second Amended and Restated Executive Employment Agreement, dated April 29, 2020, by and between Grand Canyon Education, Inc.
1 unchanged sentence
Incorporated by reference to Exhibit 10.1 to GCE’s Quarterly Report on Form 10-Q filed with the SEC on August 4, 2020.
+Added: Method of Filing
Form of Director and Officer Indemnity Agreement
17 unchanged sentences
Incorporated by reference to Exhibit 10.18 to GCE’s Annual Report on Form 10-K filed with the SEC on November 6, 2019.
+Added: Modification of Credit Agreement, Dated October 29, 2021, by and between Grand Canyon Education, Inc.
+Added: and Grand Canyon University.
+Added: Incorporated by reference to Exhibit 10.1 to GCE’s Quarterly Report on Form 10-Q filed with the SEC on November 2, 2021.
Subsidiaries of Grand Canyon Education, Inc.
2 unchanged sentences
Filed herewith.
−Removed: Method of Filing
Power of Attorney
Filed herewith (on signature page)
+Added: Method of Filing
Certification of Principal Executive Officer Pursuant to Rule 13a-14(a) and 15d-14(a) as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
38 unchanged sentences
Lori Browning
+Added: (Principal Accounting Officer)
February 16, 2022
6 unchanged sentences
Chevy Humphrey
+Added: /s/ David Adame
+Added: February 16, 2022
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.