BRIGHT HORIZONS FAMILY SOLUTIONS INC. 4
4 · BRIGHT HORIZONS FAMILY SOLUTIONS INC. · Filed Mar 10, 2015
Insider Transaction Report
Form 4
Henry Danroy T SR
Chief Human Resources Officer
Transactions
- Sale
Common Stock
2015-03-06$50.08/sh−7,000$350,560→ 0 total - Sale
Common Stock
2015-03-09$51.00/sh−7,000$357,000→ 0 total - Exercise/Conversion
Option to Purchase Common Stock
2015-03-06−7,000→ 56,350 totalExercise: $14.54Exp: 2022-05-02→ Common Stock (7,000 underlying) - Exercise/Conversion
Common Stock
2015-03-09$14.54/sh+7,000$101,780→ 7,000 total - Exercise/Conversion
Common Stock
2015-03-06$14.54/sh+7,000$101,780→ 7,000 total - Exercise/Conversion
Option to Purchase Common Stock
2015-03-09−7,000→ 49,350 totalExercise: $14.54Exp: 2022-05-02→ Common Stock (7,000 underlying)
Footnotes (2)
- [F1]These trades were made pursuant to a Rule 10b5-1 trading plan.
- [F2]On May 2, 2012 the reporting person was granted an option to purchase 31,675 shares of common stock. The option vests based upon time (40% on May 2, 2014 and thereafter, as to the remaining 60%, three equal annual installments beginning on May 2, 2015) and performance (change of control of the Issuer or an initial public offering of the Issuer's common stock) criteria. As a result of the consummation of the Issuer's initial public offering, the performance criteria was met with respect to all 31,675 shares of common stock subject to this option award, resulting in the option becoming eligible to vest as to 40% of the underlying shares on May 2, 2014 and thereafter, as to the remaining 60% of the underlying shares, in three equal annual installments beginning on May 2, 2015.