SEC Form 4 · accession 0001140361-15-033231

Bridgepoint Education Inc · BPI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP, Chief Admin. Officer

Period of report

Aug 20, 2015

Accepted (ET)

Aug 24, 2015 · 4:14 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001305323

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Aug 20, 2015	M	28,521	$0.585	A	36,423	D
Common Stock^F2	Aug 20, 2015	S	18,984	$7.8922	D	17,439	D
Common Stock^F3	Aug 20, 2015	S	9,537	$7.893	D	7,902	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F4	$0.585	Aug 20, 2015	M	18,984	D	—	Nov 27, 2017	Common Stock	18,984	0	D
Stock Option (right to buy)^F4	$0.585	Aug 20, 2015	M	9,537	D	—	Nov 27, 2017	Common Stock	9,537	0	D

F1The 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 10, 2014.
F2Represents the weighted average share price of an aggregate total of 18,984 shares sold in the price range of $7.8400 to $7.9800 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.
F3Represents the weighted average share price of an aggregate total of 9,537 shares sold in the price range of $7.8400 to $7.9800 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.
F4This option became 100% vested and exercisable on April 14, 2009.