Bridgepoint Education Inc 4
4 · Bridgepoint Education Inc · Filed Jun 15, 2015
Insider Transaction Report
Form 4
Woodard Ross
SVP & Chief Marketing Officer
Transactions
- Sale
Common Stock
2015-06-12$10.24/sh−4,091$41,892→ 1,145 total - Exercise/Conversion
Common Stock
2015-06-12$10.23/sh+4,091$41,851→ 5,236 total - Exercise/Conversion
Stock Option (right to buy)
2015-06-12−4,091→ 19,197 totalExercise: $10.23Exp: 2023-03-29→ Common Stock (4,091 underlying)
Footnotes (2)
- [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 November 19, 2014.
- [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, 2013.