0001140361-16-059729.txt : 20160331 0001140361-16-059729.hdr.sgml : 20160331 20160331201103 ACCESSION NUMBER: 0001140361-16-059729 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: HACKETT PATRICK T CENTRAL INDEX KEY: 0001238606 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34272 FILM NUMBER: 161544708 MAIL ADDRESS: STREET 1: C/O WARBURG PINCUS LLC STREET 2: 450 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 4 1 doc1.xml FORM 4 X0306 4 2016-03-29 0 0001305323 Bridgepoint Education Inc BPI 0001238606 HACKETT PATRICK T 13500 EVENING CREEK DRIVE NORTH SAN DIEGO CA 92128 1 0 0 0 Common Stock 2016-03-29 4 M 0 3021 0.00 A 7981 D Common Stock 27710574 I See footnote Stock Option (right to buy) 10.59 2016-03-29 4 A 0 6110 0.00 A 2026-03-29 Common Stock 6110 6110 D Restricted Stock Units 2016-03-29 4 A 0 2900 0.00 A Common Stock 2900 2900 D Restricted Stock Units 2016-03-29 4 M 0 3021 0.00 D Common Stock 3021 0 D On March 29, 2016, 3,021 of the reporting person's restricted stock units were settled for an equal number of shares of the issuer's common stock. Shares held by Warburg Pincus Private Equity VIII, L.P., a Delaware limited partnership (together with its two affiliated partnerships, "WP VIII"). The reporting person is a Member and Managing Director of Warburg Pincus LLC, a New York limited liability company ("WP LLC"), and a Partner of Warburg Pincus & Co., a New York general partnership ("WP"). WP is the managing member of Warburg Pincus Partners, L.P., a Delaware limited partnership ("WP Partners"), the general partner of WP VIII. WP VIII is managed by WP LLC. As a result, the reporting person may be deemed to have an indirect pecuniary interest (within the meaning of Rule 16a-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act")) in an indeterminate portion of the securities that may be deemed to be beneficially owned by WP VIII, WP Partners, WP and WP LLC (collectively, the "Warburg Pincus Entities"). The reporting person disclaims beneficial ownership of all securities that may be deemed to be beneficially owned by the Warburg Pincus Entities, except to the extent of any indirect pecuniary interest therein. This Form 4 shall not be deemed an admission that the reporting person or any other person referred to herein is a beneficial owner of any securities for purposes of Section 16 of the Exchange Act or for any other purposes. Subject to the reporting person's continuing service, 100% of the shares subject to the option shall vest and become exercisable on March 29, 2017. 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, 100% of the restricted stock units shall vest on March 29, 2017. On March 29, 2016, 100% of the restricted stock units vested and were settled for an equal number of shares of the issuer's common stock. /s/ Diane L. Thompson, as Attorney-in-Fact 2016-03-31