0001140361-16-059724.txt : 20160331
0001140361-16-059724.hdr.sgml : 20160331
20160331194222
ACCESSION NUMBER: 0001140361-16-059724
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160329
FILED AS OF DATE: 20160331
DATE AS OF CHANGE: 20160331
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Bridgepoint Education Inc
CENTRAL INDEX KEY: 0001305323
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200]
IRS NUMBER: 593551629
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 13500 EVENING CREEK DR. #600
CITY: SAN DIEGO
STATE: CA
ZIP: 92128
BUSINESS PHONE: 858-668-2586
MAIL ADDRESS:
STREET 1: 13500 EVENING CREEK DR. #600
CITY: SAN DIEGO
STATE: CA
ZIP: 92128
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ROYAL KEVIN
CENTRAL INDEX KEY: 0001185726
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34272
FILM NUMBER: 161544629
4
1
doc1.xml
FORM 4
X0306
4
2016-03-29
0
0001305323
Bridgepoint Education Inc
BPI
0001185726
ROYAL KEVIN
13500 EVENING CREEK DRIVE NORTH
SAN DIEGO
CA
92128
0
1
0
0
EVP, Chief Financial Officer
Stock Option (right to buy)
10.59
2016-03-29
4
A
0
33940
0
A
2026-03-29
Common Stock
33940
33940
D
Restricted Stock Units
2016-03-29
4
A
0
16130
0
A
Common Stock
16130
16130
D
Subject to the reporting person's continuing service, this option vests and becomes exercisable as follows: (i) 25% of the shares subject to the option shall vest and become exercisable on the first anniversary of the vesting commencement date, (ii) an additional 2% of the shares subject to the option shall vest and become exercisable 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 shares subject to the option shall vest and become exercisable on each of the 46th, 47th and 48th monthly anniversaries of the vesting commencement date. The vesting commencement date for this option is March 29, 2016.
Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
Subject to the reporting person's continuing service, the restricted stock units vest as follows: (i) 25% of the restricted stock units vest on the first anniversary of the vesting commencement date, and (ii) an additional 25% of the restricted stock units shall vest on each subsequent anniversary of the vesting commencement date. The vesting commencement date for the restricted stock units is March 29, 2016.
/s/ Diane L. Thompson, as Attorney-in-Fact
2016-03-31