Wright Sheryl 4
4 · Bridgepoint Education Inc · Filed Mar 30, 2012
Insider Transaction Report
Form 4
Wright Sheryl
SVP, External Affairs
Transactions
- Award
Stock Option (right to buy)
2012-03-30+12,270→ 12,270 totalExercise: $24.75Exp: 2022-03-30→ Common Stock (12,270 underlying)
Footnotes (1)
- [F1]Subject to the reporting person's continuing service, this option vests and becomes exercisable as follows: (i) 25% of the shares subject to the option shall vest and become exercisable on the first anniversary of the vesting commencement date, (ii) an additional 2% of the shares subject to the option shall vest and become exercisable on each monthly anniversary of the vesting commencement date for the thirty-three months following the first anniversary of the vesting commencement date and (iii) an additional 3% of the shares subject to the option shall vest and become exercisable on each of the 46th, 47th and 48th monthly anniversaries of the vesting commencement date. The vesting commencement date for this option is March 30, 2012.