SEC Form 4 · accession 0000899243-15-008623
BRIGHT HORIZONS FAMILY SOLUTIONS INC. · BFAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua Bekenstein
Director · 10% Owner
Period of report
Nov 18, 2015
Accepted (ET)
Nov 20, 2015 · 5:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001437578
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4,F5,F6,F7 | Nov 18, 2015 | J | 265,917 | $0.00 | D | 19,865,692 | I | See Footnotes |
| Common StockF10 | Nov 18, 2015 | G | 81,651 | $0.00 | D | 1,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Bain Capital Investors, LLC ("BCI") is the sole general partner of Bain Capital Partners X, L.P., which is the sole general partner of Bain Capital Fund X L.P. ("Fund X").
- F10Each Restricted Stock Unit vests upon grant and represents the right to receive one share of Common Stock upon the earlier of May 11, 2020 or Mr. Bekenstein's termination of service.
- F2BCI is also the managing partner of BCIP Associates III, which is the manager of BCIP Associates III, LLC ("BCIP III").
- F3BCI is also the managing partner of BCIP Associates III-B, which is the manager of BCIP Associates III-B, LLC ("BCIP III-B").
- F4BCI is also the managing partner of BCIP Trust Associates III, which is the manager of BCIP T Associates III, LLC ("BCIPT III").
- F5BCI is also the managing partner of BCIP Trust Associates III-B, which is the manager of BCIP T Associates III-B, LLC ("BCIPT III-B").
- F6BCI is also the managing partner of BCIP Associates-G ("BCIP G" and together with Fund X, BCIP III, BCIP III-B, BCIPT III and BCIPT III-B, the "Bain Entities").
- F7The governance, investment strategy and decision-making process with respect to the investments held by the Bain Entities is directed by BCI's Global Private Equity Board ("GPEB"). Joshua Bekenstein is a member of GPEB and a Managing Director of BCI. By virtue of the relationships described in these footnotes, Mr. Bekenstein may be deemed to share voting and dispositive power with respect to the shares of Common Stock held by Bain Entities. Mr. Bekenstein disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F8On November 18, 2015 the Bain Entities distributed 265,917 shares of Common Stock to one or more members or partners of the Bain Entities, including 81,651 shares to Mr. Bekenstein, in connection with certain charitable gifts made by such members or partners on November 18, 2015.
- F9Mr. Bekenstein made a charitable gift of all 81,651 shares of Common Stock that he received in connection with the distribution.