Home > Insider Trading > Filing (0001140361-17-025209)

Filing Details

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
1453872	S. Andrew Clark	8620 Spectrum Center Blvd. San Diego CA 92123	Chief Executive Officer	Yes	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	2017-06-14	54,076	$0.59	146,807	No	4	M	Direct
Common Stock	Disposition	2017-06-14	54,076	$13.86	92,731	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	2017-06-14	5,928	$0.00	5,928	$0.59
Common Stock	Stock Option (right to buy)	Disposition	2017-06-14	10,015	$0.00	10,015	$0.59
Common Stock	Stock Option (right to buy)	Disposition	2017-06-14	38,133	$0.00	38,133	$0.59

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
11,854	2017-11-27	No	4	M	Direct
20,030	2017-11-27	No	4	M	Direct
76,266	2017-11-27	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	513,444	Indirect	By trust

Footnotes

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.
Represents the weighted average share price of an aggregate total of 54,076 shares sold in the price range of $13.63 to $14.24 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.
Shares held indirectly by the reporting person in the name of the Clark Family Trust, dated July 8, 1998, of which the reporting person is a trustee and in which the reporting person has a pecuniary interest.
This option vested and became exercisable as follows: (i) 25% of the option vested on the first anniversary of the vesting commencement date, (ii) an additional 2% of the option vested 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 vested on each of the 46th, 47th and 48th monthly anniversaries of the vesting commencement date. The vesting commencement date for this option is November 27, 2007. This option became 100% vested and exercisable on November 27, 2011.