4//SEC Filing
Bridgepoint Education Inc 4
Accession 0001140361-15-013765
CIK 0001305323operating
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 9:28 PM ET
Size
19.5 KB
Accession
0001140361-15-013765
Insider Transaction Report
Form 4
Ashbrook Thomas
Senior Vice President & CIO
Transactions
- Exercise/Conversion
Common Stock
2015-03-31+7,110→ 32,165 total - Tax Payment
Common Stock
2015-03-31$9.43/sh−3,647$34,391→ 28,518 total - Award
Stock Option (right to buy)
2015-03-29+22,967→ 22,967 totalExercise: $9.43Exp: 2025-03-29→ Common Stock (22,967 underlying) - Award
Restricted Stock Units
2015-03-29+11,059→ 11,059 total→ Common Stock (11,059 underlying) - Award
Performance-Based Restricted Stock Units (PSUs)
2015-03-29+11,351→ 11,351 total→ Common Stock (11,351 underlying) - Exercise/Conversion
Restricted Stock Units
2015-03-31−4,265→ 8,530 total→ Common Stock (4,265 underlying) - Exercise/Conversion
Restricted Stock Units
2015-03-31−2,845→ 8,535 total→ Common Stock (2,845 underlying)
Footnotes (8)
- [F1]On March 31, 2015, 7,110 of the reporting person's restricted stock units were settled for an equal number of the issuer's common stock.
- [F2]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 March 29, 2015.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F4]Subject to the reporting person's continuing service, the restricted stock units vest as follows: (i) 25% of the restricted stock units vest on the first anniversary of the vesting commencement date, and (ii) an additional 25% of the restricted stock units shall vest on each subsequent anniversary of the vesting commencement date. The vesting commencement date for the restricted stock units is March 29, 2015.
- [F5]Each performance stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F6]Subject to the reporting person's continuing service, the performance stock units vest as follows: (i) 25% of the performance stock units vest on the first anniversary of the vesting commencement date, and (ii) an additional 25% of the performance stock units shall vest on each subsequent anniversary of the vesting commencement date, in each case contingent upon achievement of the stock price performance goal for the immediately preceding performance period. The vesting commencement date for the performance stock units is March 29, 2015.
- [F7]Subject to the reporting person's continuing service, the restricted stock units vest as follows: (i) 25% of the restricted stock units vest on the first anniversary of the vesting commencement date, and (ii) an additional 25% of the restricted stock units shall vest on each subsequent anniversary of the vesting commencement date. The vesting commencement date for the restricted stock units is March 29, 2013.
- [F8]Subject to the reporting person's continuing service, the restricted stock units vest as follows: (i) 25% of the restricted stock units vest on the first anniversary of the vesting commencement date, and (ii) an additional 25% of the restricted stock units shall vest on each subsequent anniversary of the vesting commencement date. The vesting commencement date for the restricted stock units is March 29, 2014.
Documents
Issuer
Bridgepoint Education Inc
CIK 0001305323
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001305323
Filing Metadata
- Form type
- 4
- Filed
- Mar 30, 8:00 PM ET
- Accepted
- Mar 31, 9:28 PM ET
- Size
- 19.5 KB