4//SEC Filing
Bridgepoint Education Inc 4
Accession 0001140361-14-012459
CIK 0001305323operating
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 7:20 PM ET
Size
13.6 KB
Accession
0001140361-14-012459
Insider Transaction Report
Form 4
Ashbrook Thomas
Senior Vice President & CIO
Transactions
- Exercise/Conversion
Common Stock
2014-03-10$10.50/sh+2,799$29,390→ 16,844 total - Exercise/Conversion
Common Stock
2014-03-10$15.81/sh+1,292$20,427→ 18,136 total - Sale
Common Stock
2014-03-10$18.92/sh−5,632$106,541→ 12,504 total - Exercise/Conversion
Stock Option (right to buy)
2014-03-10−2,799→ 22,714 totalExercise: $10.50Exp: 2019-04-14→ Common Stock (2,799 underlying) - Exercise/Conversion
Stock Option (right to buy)
2014-03-10−1,292→ 16,033 totalExercise: $15.81Exp: 2020-08-05→ Common Stock (1,292 underlying)
Footnotes (4)
- [F1]The sale of shares reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on December 5, 2013.
- [F2]Represents the weighted average share price of an aggregate total of 5,632 shares sold in the price range of $18.61 to $19.13 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F3]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% fully vested and exercisable on April 14, 2013.
- [F4]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 August 5, 2010.
Documents
Issuer
Bridgepoint Education Inc
CIK 0001305323
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001305323
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 7:20 PM ET
- Size
- 13.6 KB