Bridgepoint Education Inc 4
4 · Bridgepoint Education Inc · Filed Sep 2, 2014
Insider Transaction Report
Form 4
Ashbrook Thomas
Senior Vice President & CIO
Transactions
- Exercise/Conversion
Common Stock
2014-08-28+25,206→ 38,208 total - Exercise/Conversion
Restricted Stock Units
2014-08-28−25,206→ 0 total→ Common Stock (25,206 underlying) - Tax Payment
Common Stock
2014-08-28$12.41/sh−13,153$163,229→ 25,055 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, 2014, 25,206 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 the remaining fifty percent (50%) of the restricted stock units vested and were delivered to the reporting person on August 28, 2014.