SEC Form 4 · accession 0001562180-16-002810
BRIGHT HORIZONS FAMILY SOLUTIONS INC. · BFAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mandy Berman
Officer — EVP & CAO
Period of report
Jul 15, 2016
Accepted (ET)
Jul 19, 2016 · 4:05 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 15, 2016 | M | 2,250 | $14.54 | A | 43,325 | D | |
| Common StockF2 | Jul 15, 2016 | S | 2,250 | $67.82 | D | 41,075 | 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 | Jul 15, 2016 | M | 2,250 | D | — | Oct 11, 2021 | Common Stock | 2,250 | 6,318 | 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 $67.62 to $67.99. The price reported above reflects the weighted average sale 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 October 11, 2011, the reporting person was granted an option to purchase 24,284 shares of common stock in connection with the Issuer's option exchange program. Of the 6,318 shares currently outstanding, 1,460 shares are vested and the remaining 4,858 shares will be eligible to vest on October 11, 2016.