Bridgepoint Education Inc 4
4 · Bridgepoint Education Inc · Filed Dec 20, 2013
Insider Transaction Report
Form 4
Devine Daniel J.
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2013-12-18$19.50/sh−71,617$1,396,532→ 109,259 total - Disposition to Issuer
Common Stock
2013-12-18$19.50/sh−16,566$323,037→ 66,740 total - Exercise/Conversion
Common Stock
2013-12-18$10.50/sh+97,570$1,024,485→ 180,876 total - Disposition to Issuer
Common Stock
2013-12-18$19.50/sh−25,953$506,084→ 83,306 total - Exercise/Conversion
Stock Option (right to buy)
2013-12-18−97,570→ 124,652 totalExercise: $10.50Exp: 2019-04-14→ Common Stock (97,570 underlying)
Footnotes (1)
- [F1]Subject to the reporting person's continuing service, this option vests and becomes exercisable as follows: (i) 25% of the option vests on the first anniversary of the vesting commencement date, (ii) an additional 2% of the option vests 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 option vests 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.