Malik Anurag 4
4 · Bridgepoint Education Inc · Filed Apr 2, 2018
Insider Transaction Report
Form 4
Malik Anurag
SVP, Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
2018-03-29+2,208→ 15,144 total - Award
Restricted Stock Unit
2018-03-29+20,680→ 20,680 total→ Common Stock (20,680 underlying) - Tax Payment
Common Stock
2018-03-29$6.74/sh−755$5,089→ 14,389 total - Exercise/Conversion
Restricted Stock Unit
2018-03-29−2,208→ 6,622 total→ Common Stock (2,208 underlying)
Footnotes (4)
- [F1]On March 29, 2018, 2,208 of the reporting person's restricted stock units were settled for an equal number of shares of the issuer's common stock.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F3]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, 2018.
- [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, 2017.