SEC Form 4 · accession 0001562180-19-001027
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
Feb 15, 2019
Accepted (ET)
Feb 15, 2019 · 4:04 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 | Feb 15, 2019 | M | 3,111 | $47.35 | A | 22,768 | D | |
| Common Stock | Feb 15, 2019 | M | 1,136 | $14.54 | A | 23,904 | D | |
| Common Stock | Feb 15, 2019 | S | 5,294 | $119.70 | D | 18,610 | 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 StockF2 | $47.35 | Feb 15, 2019 | M | 3,111 | D | — | Jan 12, 2022 | Common Stock | 3,111 | 6,289 | D |
| Option to Purchase Common StockF3 | $14.54 | Feb 15, 2019 | M | 1,136 | D | — | May 2, 2022 | Common Stock | 1,136 | 0 | D |
Explanation of responses
- F1These trades were made pursuant to a Rule 10b5-1 trading plan.
- F2On January 12, 2015, the reporting person was granted an option to purchase 9,400 shares of common stock in connection with the Issuer's option exchange program. Of the 6,289 shares currently outstanding, 4,409 shares are vested and the remaining 1,880 shares will be eligible to vest on January 12, 2020.
- F3The option to purchase shares is fully vested.