Devine Daniel J. 4
4 · Bridgepoint Education Inc · Filed Nov 16, 2012
Insider Transaction Report
Form 4
Devine Daniel J.
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-11-15−4,515→ 0 total→ Common Stock (4,515 underlying) - Tax Payment
Common Stock
2012-11-15$8.97/sh−2,108$18,909→ 86,512 total - Exercise/Conversion
Common Stock
2012-11-15+4,515→ 88,620 total
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. On November 15, 2012, 4,515 of the reporting person's restricted stock units were settled for an equal number of the issuer's common stock.
- [F2]The restricted stock units granted on June 28, 2011 vested in full on June 28, 2012, subject to the reporting person's continuing service. Vested shares were delivered to the reporting person on November 15, 2012.