SEC Form 4 · accession 0001562180-16-002384
BRIGHT HORIZONS FAMILY SOLUTIONS INC. · BFAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David H Lissy
Officer — Chief Executive Officer · Director
Period of report
May 18, 2016
Accepted (ET)
May 18, 2016 · 4:21 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 | May 18, 2016 | M | 69,426 | $12.00 | A | 283,086 | D | |
| Common Stock | May 18, 2016 | M | 30,574 | $14.54 | A | 313,660 | D | |
| Common Stock | May 18, 2016 | S | 100,000 | $65.42 | D | 213,660 | 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 StockF2 | $12.00 | May 18, 2016 | M | 69,426 | D | — | Sep 2, 2018 | Common Stock | 69,426 | 0 | D |
| Option to Purchase Common StockF3 | $14.54 | May 18, 2016 | M | 30,574 | D | — | Sep 2, 2018 | Common Stock | 30,574 | 504,396 | D |
Explanation of responses
- F1Options exercised and shares sold by the reporting person were part of an underwritten secondary offering of 2,115,000 shares of the Issuers common stock which closed on May 18, 2016.
- F2On September 2, 2008 the reporting person received an option to purchase 69,426 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.
- F3On September 2, 2008 the reporting person received an option to purchase 534,970 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.