SEC Form 4 · accession 0001562180-15-000562
BRIGHT HORIZONS FAMILY SOLUTIONS INC. · BFAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Howard Kramer
Officer — Chief Development Officer
Period of report
Jul 9, 2015
Accepted (ET)
Jul 13, 2015 · 3:55 pm EDT
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 Stock | Jul 9, 2015 | M | 2,447 | $14.54 | A | 102,783 | I | Stephen H. Kramer, as Trustee of the Charles River View Trust dtd 12/13/07 as Amended |
| Common StockF2 | Jul 9, 2015 | S | 2,447 | $58.20 | D | 100,336 | I | Stephen H. Kramer, as Trustee of the Charles River View Trust dtd 12/13/07 as Amended |
| Common Stock | Jul 9, 2015 | M | 5,426 | $12.00 | A | 105,762 | I | Stephen H. Kramer, as Trustee of the Charles River View Trust dtd 12/13/07 as Amended |
| Common StockF2 | Jul 9, 2015 | S | 5,426 | $58.20 | D | 100,336 | I | Stephen H. Kramer, as Trustee of the Charles River View Trust dtd 12/13/07 as Amended |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF3 | $14.54 | Jul 9, 2015 | M | 2,447 | D | — | Apr 1, 2021 | Common Stock | 2,447 | 39,365 | D |
| Option to Purchase Common StockF4 | $12.00 | Jul 9, 2015 | M | 5,426 | D | — | Apr 1, 2021 | Common Stock | 5,426 | 0 | D |
Explanation of responses
- F1These trades were made pursuant to a Rule 10b5-1 trading plan.
- F2This transaction was executed in multiple trades at prices ranging from $57.86 to $58.44. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3The option to purchase 125,436 shares of common stock is fully vested.
- F4The option to purchase shares 16,278 of common stock is fully vested.