SEC Form 4 · accession 0001562180-16-003037
BRIGHT HORIZONS FAMILY SOLUTIONS INC. · BFAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Howard Kramer
Officer — President
Period of report
Aug 23, 2016
Accepted (ET)
Aug 23, 2016 · 4:08 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 | Aug 23, 2016 | M | 6,667 | $22.00 | A | 123,567 | I | Stephen H. Kramer, as Trustee of the Charles River View Trust dtd 12/13/07 as Amende |
| Common StockF2 | Aug 23, 2016 | S | 6,667 | $69.30 | D | 116,900 | I | Stephen H. Kramer, as Trustee of the Charles River View Trust dtd 12/13/07 as Amende |
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 | $22.00 | Aug 23, 2016 | M | 6,667 | D | — | Jan 25, 2020 | Common Stock | 6,667 | 13,333 | 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 $69.05 to $69.40. 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 shares is fully vested.