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