4//SEC Filing
Bridgepoint Education Inc 4
Accession 0001140361-15-032685
CIK 0001305323operating
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 4:19 PM ET
Size
9.4 KB
Accession
0001140361-15-032685
Insider Transaction Report
Form 4
McAuliffe Jane
SVP & Chief Academic Officer
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2015-08-17−15,281→ 0 totalExercise: $0.58Exp: 2017-11-27→ Common Stock (15,281 underlying) - Exercise/Conversion
Common Stock
2015-08-17$0.58/sh+15,281$8,939→ 21,136 total - Sale
Common Stock
2015-08-17$8.13/sh−15,281$124,282→ 5,855 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 15,281 shares sold in the price range of $8.0600 to $8.1900 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]Subject to the reporting person's continuing service, this option vests and becomes exercisable as follows: beginning with fiscal year 2008 and ending with fiscal year 2011, 25% of the option vests for each fiscal year in which the issuer's performance targets (as defined in the stock option award), based on our annual revenue and annual EBITDA, are achieved. For any fiscal year in which the annual performance targets are not achieved, such portion will vest if in any subsequent fiscal year the cumulative revenue and EBITDA targets are achieved (the cumulative targets are defined in the stock option award). This option became 100% vested and exercisable on December 31, 2011.
Documents
Issuer
Bridgepoint Education Inc
CIK 0001305323
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001305323
Filing Metadata
- Form type
- 4
- Filed
- Aug 17, 8:00 PM ET
- Accepted
- Aug 18, 4:19 PM ET
- Size
- 9.4 KB