Bridgepoint Education Inc 4
4 · Bridgepoint Education Inc · Filed Aug 29, 2013
Insider Transaction Report
Form 4
Pope Brandon
VP, Chief Accounting Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2013-08-28−9,645→ 9,645 total→ Common Stock (9,645 underlying) - Exercise/Conversion
Common Stock
2013-08-28+9,645→ 13,520 total - Tax Payment
Common Stock
2013-08-28$16.42/sh−3,615$59,358→ 9,905 total
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. On August 28, 2013, 9,645 of the reporting person's restricted stock units were settled for an equal number of the issuer's common stock.
- [F2]Fifty percent (50%) of the restricted stock units granted on August 28, 2012 vested and were delivered to the reporting person on August 28, 2013, and, thereafter, the remaining fifty percent (50%) of the restricted stock units vest and will be delivered to the reporting person on August 28, 2014, subject to the reporting person's continuing service.