0001140361-14-012246.txt : 20140311 0001140361-14-012246.hdr.sgml : 20140311 20140311191934 ACCESSION NUMBER: 0001140361-14-012246 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140307 FILED AS OF DATE: 20140311 DATE AS OF CHANGE: 20140311 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Bridgepoint Education Inc CENTRAL INDEX KEY: 0001305323 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 593551629 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 13500 EVENING CREEK DR. #600 CITY: SAN DIEGO STATE: CA ZIP: 92128 BUSINESS PHONE: 858-668-2586 MAIL ADDRESS: STREET 1: 13500 EVENING CREEK DR. #600 CITY: SAN DIEGO STATE: CA ZIP: 92128 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dackerman Charlene CENTRAL INDEX KEY: 0001453968 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34272 FILM NUMBER: 14685766 MAIL ADDRESS: STREET 1: C/O BPE 13500 EVENING CREEK DRIVE NORTH STREET 2: SUITE 600 CITY: SAN DIEGO STATE: CA ZIP: 92128 4 1 doc1.xml FORM 4 X0306 4 2014-03-07 0 0001305323 Bridgepoint Education Inc BPI 0001453968 Dackerman Charlene 13500 EVENING CREEK DRIVE NORTH SAN DIEGO CA 92128 0 1 0 0 SVP of Human Resources Common Stock 2014-03-07 4 M 0 1557 .585 A 2697 D Common Stock 2014-03-07 4 M 0 1182 15.81 A 3879 D Common Stock 2014-03-07 4 M 0 1173 17.1 A 5052 D Common Stock 2014-03-07 4 S 0 3912 19.6173 D 1140 D Stock Option (right to buy) .585 2014-03-07 4 M 0 1557 0.00 D 2017-11-27 Common Stock 1557 019132 D Stock Option (right to buy) 15.81 2014-03-07 4 M 0 1182 0.00 D 2020-08-05 Common Stock 1182 12236 D Stock Option (right to buy) 17.1 2014-03-07 4 M 0 1173 0.00 D 2021-03-31 Common Stock 1173 15714 D 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 6, 2013. Represents the weighted average share price of an aggregate total of 3,912 shares sold in the price range of $19.37 to $20.06 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. Immediately exercisable. Subject to the reporting person's continuing service, this option vests and becomes exercisable as follows: (i) 25% of the shares subject to the option shall vest and become exercisable on the first anniversary of the vesting commencement date, (ii) an additional 2% of the shares subject to the option shall vest and become exercisable 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 shares subject to the option shall vest and become exercisable on each of the 46th, 47th and 48th monthly anniversaries of the vesting commencement date. The vesting commencement date for this option is August 5, 2010. Subject to the reporting person's continuing service, this option vests and becomes exercisable as follows: (i) 25% of the shares subject to the option shall vest and become exercisable on the first anniversary of the vesting commencement date, (ii) an additional 2% of the shares subject to the option shall vest and become exercisable 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 shares subject to the option shall vest and become exercisable on each of the 46th, 47th and 48th monthly anniversaries of the vesting commencement date. The vesting commencement date for this option is March 31, 2011. /s/ Diane L. Thompson, as Attorney-in-Fact 2014-03-11