SEC Form 4 · accession 0001562180-15-001103
BRIGHT HORIZONS FAMILY SOLUTIONS INC. · BFAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth J Boland
Officer — Chief Financial Officer
Period of report
Dec 15, 2015
Accepted (ET)
Dec 17, 2015 · 4:04 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 Stock | Dec 15, 2015 | M | 12,000 | $14.54 | A | 125,763 | D | |
| Common StockF2 | Dec 15, 2015 | S | 12,000 | $64.87 | D | 113,763 | D |
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 | Dec 15, 2015 | M | 12,000 | D | — | Sep 2, 2018 | Common Stock | 12,000 | 45,000 | 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 $64.41 to $65.08. 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.
- F3On May 2, 2012, the reporting person received in exchange for an earlier grant an option to purchase 111,745 shares of the registrant's common stock subject to time and performance vesting criteria. The time and performance criteria have been met with respect to this award.