SEC Form 4 · accession 0001562180-16-003245
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
Oct 17, 2016
Accepted (ET)
Oct 17, 2016 · 4:33 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 | Oct 17, 2016 | M | 630 | $12.00 | A | 41,705 | D | |
| Common Stock | Oct 17, 2016 | M | 1,620 | $14.54 | A | 43,325 | D | |
| Common StockF2 | Oct 17, 2016 | S | 2,250 | $65.00 | 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 | Oct 17, 2016 | M | 1,620 | D | — | Oct 11, 2021 | Common Stock | 1,620 | 3,238 | D |
| Option to Purchase Common StockF4 | $12.00 | Oct 17, 2016 | M | 630 | D | — | Oct 11, 2021 | Common Stock | 630 | 0 | 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 $64.95 to $65.06. 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 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. Currently all shares have vested and 3,238 shares remain outstanding.
- F4On October 11,2011, the reporting person was granted an option to purchase 3,150 shares of common stock in connection with the Issuer's option exchange program. All shares have been exercised and no shares remain outstanding.