SEC Form 4 · accession 0001140361-18-027238
Bridgepoint Education Inc · BPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ryan Craig
Director
Period of report
May 31, 2018
Accepted (ET)
Jun 4, 2018 · 7:02 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 31, 2018 | M | 1,780 | $0.00 | A | 15,501 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | — | May 31, 2018 | M | 1,780 | D | — | — | Common Stock | 1,780 | 0 | D |
Explanation of responses
- F1On May 31, 2018, 1,780 of the reporting person's restricted stock units were settled for an equal number of shares of the issuer's common stock.
- F2Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- F3On May 31, 2018, 100% of the restricted stock units vested and were settled for an equal number of shares of the issuer's common stock.