SEC Form 4 · accession 0001140361-15-013747
Bridgepoint Education Inc · BPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Victor K Nichols
Director
Period of report
Mar 29, 2015
Accepted (ET)
Mar 31, 2015 · 9:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001305323
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $9.43 | Mar 29, 2015 | A | 6,274 | A | — | Mar 29, 2025 | Common Stock | 6,274 | 6,274 | D |
| Restricted Stock UnitsF2,F3 | — | Mar 29, 2015 | A | 3,021 | A | — | — | Common tock | 3,021 | 3,021 | D |
Explanation of responses
- F1Subject to the reporting person's continuing service, 100% of the shares subject to the option shall vest and become exercisable on March 29, 2016.
- F2Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- F3Subject to the reporting person's continuing service, 100% of the restricted stock units shall vest on March 29, 2016.