SEC Form 4 · accession 0001562180-18-000124
BRIGHT HORIZONS FAMILY SOLUTIONS INC. · BFAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Howard Kramer
Officer — CEO & President
Period of report
Jan 2, 2018
Accepted (ET)
Jan 3, 2018 · 4:47 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 Stock | Dec 5, 2017 | G | 500 | $0.00 | D | 84,485 | D | |
| Common StockF2 | Jan 2, 2018 | A | 28,800 | $47.015 | A | 113,285 | 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 | $94.03 | Jan 2, 2018 | A | 42,700 | A | — | Jan 2, 2025 | Common Stock | 42,700 | 42,700 | D |
Explanation of responses
- F1The reporting person made a donation to a charitable foundation.
- F2This grant represents restricted stock that vests 100% on January 2, 2021. 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.
- F3This option award is eligible to vest over five years with 60% vesting on January 2,2021 and the remaining 40% vesting in two equal annual installments beginning January 2, 2022.