Filing Details

Accession Number:
0001140361-14-001264
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-01-07 20:31:52
Reporting Period:
2014-01-06
Filing Date:
2014-01-07
Accepted Time:
2014-01-07 20:31:52
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1305323 Bridgepoint Education Inc BPI Services-Educational Services (8200) 593551629
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1453871 Thomas Ashbrook 13500 Evening Creek Drive North
Suite 600
San Diego CA 92128
Svp, Chief Information Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-01-06 2,799 $10.50 19,926 No 4 M Direct
Common Stock Disposition 2014-01-06 4,340 $16.92 15,586 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2014-01-06 2,799 $0.00 2,799 $10.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
28,312 2019-04-14 No 4 M Direct
Footnotes
  1. The sale of shares reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on December 5, 2013.
  2. Represents the weighted average share price of an aggregate total of 4,340 shares sold in the price range of $16.85 to $17.01 by the reporting person. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  3. Subject to the reporting person's continuing service, this option vests and becomes exercisable as follows: (i) 25% of the option vests on the first anniversary of the vesting commencement date, (ii) an additional 2% of the option vests on each monthly anniversary of the vesting commencement date for the thirty-three months following the first anniversary of the vesting commencement date and (iii) an additional 3% of the option vests on each of the 46th, 47th and 48th monthly anniversaries of the vesting commencement date. The vesting commencement date for this option is April 14, 2009. The option became fully vested and exercisable on April 14, 2013.