0001140361-17-020159.txt : 20170512 0001140361-17-020159.hdr.sgml : 20170512 20170512172646 ACCESSION NUMBER: 0001140361-17-020159 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170510 FILED AS OF DATE: 20170512 DATE AS OF CHANGE: 20170512 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: 8620 SPECTRUM CENTER BLVD CITY: SAN DIEGO STATE: CA ZIP: 92123 BUSINESS PHONE: 858-668-2586 MAIL ADDRESS: STREET 1: 8620 SPECTRUM CENTER BLVD CITY: SAN DIEGO STATE: CA ZIP: 92123 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sakamoto Russell CENTRAL INDEX KEY: 0001593403 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34272 FILM NUMBER: 17840049 MAIL ADDRESS: STREET 1: 13500 EVENING CREEK DRIVE STREET 2: SUITE 600 CITY: SAN DIEGO STATE: CA ZIP: 92128 4 1 doc1.xml FORM 4 X0306 4 2017-05-10 0 0001305323 Bridgepoint Education Inc BPI 0001593403 Sakamoto Russell 8620 SPECTRUM CENTER BLVD. SAN DIEGO CA 92123 0 1 0 0 Chief Accounting Officer Common Stock 2017-05-10 4 M 0 5796 9.43 A 14885 D Common Stock 2017-05-10 4 S 0 5796 14.89 D 9089 D Stock Option (right to buy) 9.43 2017-05-10 4 M 0 5796 0.00 D 2025-03-29 Common Stock 5796 5568 D 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 29, 2015. /s/ Diane L. Thompson, as Attorney-in-Fact 2017-05-12