SEC Form 4 · accession 0001562180-16-002111
BRIGHT HORIZONS FAMILY SOLUTIONS INC. · BFAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary Lou Burke
Officer — COO North America Center Ops
Period of report
Apr 7, 2016
Accepted (ET)
Apr 11, 2016 · 4:59 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 | Apr 7, 2016 | M | 2,222 | $14.54 | A | 31,877 | D | |
| Common StockF2 | Apr 7, 2016 | S | 2,222 | $63.96 | D | 29,655 | D | |
| Common StockF3 | holding | — | — | — | 1,240 | I | UTMA Custodian for daughter | |
| Common StockF3 | holding | — | — | — | 1,240 | I | UTMA Custodian for daughter |
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 StockF4 | $14.54 | Apr 7, 2016 | M | 2,222 | D | — | May 2, 2022 | Common Stock | 2,222 | 31,834 | 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 $63.85 to $64.44. 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.
- F3Shares held indirectly under the Uniform Transfer to Minors Act and reporting person disclaims any beneficial ownership of these shares except for any pecuniary interest therein.
- F4On May 2, 2012, the reporting person was granted an option to purchase 34,842 shares of common stock in connection with the Issuer's option exchange program. The time and performance criteria have been met with respect to this award.