Bridgepoint Education Inc 4
4 · Bridgepoint Education Inc · Filed Dec 3, 2013
Insider Transaction Report
Form 4
Pope Brandon
VP, Chief Accounting Officer
Transactions
- Sale
Common Stock
2013-12-02$18.50/sh−2,537$46,935→ 491 total - Exercise/Conversion
Common Stock
2013-12-02$10.50/sh+2,537$26,639→ 3,028 total - Exercise/Conversion
Stock Option (right to buy)
2013-12-02−2,537→ 18,419 totalExercise: $10.50Exp: 2019-04-14→ Common Stock (2,537 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 April 14, 2009. This option became 100% vested and exercisable on April 14, 2013.