Bridgepoint Education Inc 4
4 · Bridgepoint Education Inc · Filed Jul 14, 2015
Insider Transaction Report
Form 4
McAuliffe Jane
SVP & Chief Academic Officer
Transactions
- Sale
Common Stock
2015-07-13$9.37/sh−13,954$130,711→ 5,855 total - Exercise/Conversion
Stock Option (right to buy)
2015-07-13−13,954→ 0 totalExercise: $0.58Exp: 2017-11-27→ Common Stock (13,954 underlying) - Exercise/Conversion
Common Stock
2015-07-13$0.58/sh+13,954$8,163→ 19,809 total
Footnotes (3)
- [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 12, 2014.
- [F2]Represents the weighted average share price of an aggregate total of 13,954 shares sold in the price range of $9.335 to $9.510 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]This option vested and became exercisable as follows: (i) 25% of the option vested on the first anniversary of the vesting commencement date, (ii) an additional 2% of the option vested 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 vested on each of the 46th, 47th and 48th monthly anniversaries of the vesting commencement date. The vesting commencement date for this option is November 27, 2007. This option became 100% vested and exercisable on November 27, 2011.