SEC Form 4 · accession 0001562180-19-001464
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
Feb 25, 2019
Accepted (ET)
Feb 27, 2019 · 4:11 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 25, 2019 | A | 8,800 | $61.22 | A | 98,925 | 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 | $122.44 | Feb 25, 2019 | A | 15,250 | A | — | Feb 25, 2026 | Common Stock | 15,250 | 15,250 | D |
Explanation of responses
- F1This grant represents restricted stock that vest 100% on February 25, 2022. 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.
- F2This option is eligible to vest 60% of the underlying shares on February 25, 2022 and thereafter, as to the remaining 40% of underlying shares, in two equal annual installments beginning on February 25, 2023.