Malik Anurag 4
4 · Bridgepoint Education Inc · Filed Sep 5, 2018
Insider Transaction Report
Form 4
Malik Anurag
SVP, Chief Information Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-08-31−20,725→ 0 total→ Common Stock (20,725 underlying) - Exercise/Conversion
Common Stock
2018-08-31+20,725→ 35,114 total - Tax Payment
Common Stock
2018-08-31$11.76/sh−7,167$84,284→ 27,947 total
Footnotes (3)
- [F1]On August 31, 2018, 20,725 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) 50% of the restricted stock units shall vest on the first anniversary of the vesting commencement date and (ii) the remaining 50% of the restricted stock units shall vest on the second anniversary of the vesting commencement date. The vesting commencement date for the restricted stock units is August 31, 2016.