SEC Form 4 · accession 0001562180-17-000950
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
Feb 24, 2017
Accepted (ET)
Feb 28, 2017 · 4:02 pm EST
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 StockF1 | Feb 24, 2017 | A | 8,220 | $34.57 | A | 36,012 | D | |
| Common StockF2 | holding | — | — | — | 1,260 | I | UTMA Custodian for daughter | |
| Common StockF2 | holding | — | — | — | 1,260 | 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 StockF3 | $69.14 | Feb 24, 2017 | A | 7,680 | A | — | Feb 24, 2024 | Common Stock | 7,680 | 7,680 | D |
Explanation of responses
- F1This grant represents restricted stock that vests 100% on February 24, 2020. The purchase price paid by the reporting person reflects 50% of the fair market value of the Company's common stock on the date of grant.
- F2Shares 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.
- F3This option is eligible to vest as to 60% of the underlying shares on February 24, 2020 and thereafter, as to the remaining 40% of underlying shares, in two equal annual installments beginning on February 24, 2021.