Home/Filings/4/0001140361-15-013767
4//SEC Filing

Bridgepoint Education Inc 4

Accession 0001140361-15-013767

CIK 0001305323operating

Filed

Mar 30, 8:00 PM ET

Accepted

Mar 31, 9:29 PM ET

Size

20.4 KB

Accession

0001140361-15-013767

Insider Transaction Report

Form 4
Period: 2015-03-29
Sheng Rodney T.
SVP & Chief Admin. Officer
Transactions
  • Award

    Restricted Stock Units

    2015-03-29+20,25220,252 total
    Common Stock (20,252 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2015-03-315,96017,880 total
    Common Stock (5,960 underlying)
  • Exercise/Conversion

    Common Stock

    2015-03-31+12,66053,804 total
  • Award

    Stock Option (right to buy)

    2015-03-29+42,06142,061 total
    Exercise: $9.43Exp: 2025-03-29Common Stock (42,061 underlying)
  • Award

    Performance-Based Restricted Stock Units (PSUs)

    2015-03-29+20,78720,787 total
    Common Stock (20,787 underlying)
  • Tax Payment

    Common Stock

    2015-03-31$9.43/sh4,758$44,86849,046 total
  • Exercise/Conversion

    Restricted Stock Units

    2015-03-316,70013,400 total
    Common Stock (6,700 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    25,930
Footnotes (9)
  • [F1]On March 31, 2015, 12,660 of the reporting person's restricted stock units were settled for an equal number of the issuer's common stock.
  • [F2]Shares indirectly held by the reporting person in the name of the Sheng Family Trust, dated 9/21/2006, of which the reporting person is a trustee and in which the reporting person has a pecuniary interest.
  • [F3]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.
  • [F4]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
  • [F5]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.
  • [F6]Each performance stock unit represents a contingent right to receive one share of the issuer's common stock.
  • [F7]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.
  • [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, 2013.
  • [F9]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

1 file

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, 9:29 PM ET
Size
20.4 KB