0001140361-15-013762.txt : 20150331
0001140361-15-013762.hdr.sgml : 20150331
20150331212638
ACCESSION NUMBER: 0001140361-15-013762
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150329
FILED AS OF DATE: 20150331
DATE AS OF CHANGE: 20150331
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: Woodard Ross
CENTRAL INDEX KEY: 0001453870
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34272
FILM NUMBER: 15741110
MAIL ADDRESS:
STREET 1: C/O BPE 13500 EVENING CREEK DRIVE NORTH
STREET 2: SUITE 600
CITY: SAN DIEGO
STATE: CA
ZIP: 92128
4
1
doc1.xml
FORM 4
X0306
4
2015-03-29
0
0001305323
Bridgepoint Education Inc
BPI
0001453870
Woodard Ross
13500 EVENING CREEK DRIVE NORTH
SAN DIEGO
CA
92128
0
1
0
0
EVP, Chief Marketing Officer
Common Stock
2015-03-31
4
M
0
7110
0.00
A
7756
D
Common Stock
2015-03-31
4
F
0
2673
9.43
D
5083
D
Stock Option (right to buy)
9.43
2015-03-29
4
A
0
15299
0.00
A
2025-03-29
Common Stock
15299
15299
D
Restricted Stock Units
2015-03-29
4
A
0
7366
0.00
A
Common Stock
7366
7366
D
Performance-Based Restricted Stock Units (PSUs)
2015-03-29
4
A
0
7561
0.00
A
Common Stock
7561
7561
D
Restricted Stock Units
2015-03-31
4
M
0
4265
0.00
D
Common Stock
4265
8530
D
Restricted Stock Units
2015-03-31
4
M
0
2845
0.00
D
Common Stock
2845
8535
D
On March 31, 2015, 7,110 of the reporting person's restricted stock units were settled for an equal number of the issuer's common stock.
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, 2015.
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, 2015.
Each performance 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 performance stock units vest as follows: (i) 25% of the performance stock units vest on the first anniversary of the vesting commencement date, and (ii) an additional 25% of the performance stock units shall vest on each subsequent anniversary of the vesting commencement date, in each case contingent upon achievement of the stock price performance goal for the immediately preceding performance period. The vesting commencement date for the performance stock units is March 29, 2015.
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, 2013.
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, 2014.
/s/ Diane L. Thompson, as Attorney-in-Fact
2015-03-31