Filing Details
- Accession Number:
- 0001140361-17-043042
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-11-15 21:22:19
- Reporting Period:
- 2017-11-15
- Accepted Time:
- 2017-11-15 21:22:19
- 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 |
|---|---|---|---|---|---|---|---|
| 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 | 2017-11-15 | 54,075 | $0.59 | 146,806 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-11-15 | 54,075 | $9.10 | 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 | 2017-11-15 | 5,927 | $0.00 | 5,927 | $0.59 |
| Common Stock | Stock Option (right to buy) | Disposition | 2017-11-15 | 10,015 | $0.00 | 10,015 | $0.59 |
| Common Stock | Stock Option (right to buy) | Disposition | 2017-11-15 | 38,133 | $0.00 | 38,133 | $0.59 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2017-11-27 | No | 4 | M | Direct | |
| 0 | 2017-11-27 | No | 4 | M | Direct | |
| 0 | 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 54,075 shares sold in the price range of $9.05 to $9.18 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.
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