0001140361-15-015378.txt : 20150414 0001140361-15-015378.hdr.sgml : 20150414 20150414192622 ACCESSION NUMBER: 0001140361-15-015378 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150413 FILED AS OF DATE: 20150414 DATE AS OF CHANGE: 20150414 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: Henn Christopher M CENTRAL INDEX KEY: 0001639506 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34272 FILM NUMBER: 15770275 MAIL ADDRESS: STREET 1: 13500 EVENING CREEK DR. NORTH CITY: SAN DIEGO STATE: CA ZIP: 92128 4 1 doc1.xml FORM 4 X0306 4 2015-04-13 0 0001305323 Bridgepoint Education Inc BPI 0001639506 Henn Christopher M 13500 EVENING CREEK DRIVE NORTH SAN DIEGO CA 92128 0 1 0 0 EVP, Chief Operating Officer Stock Option (right to buy) 9.57 2015-04-13 4 A 0 39597 0.00 A 2025-04-13 Common Stock 39597 39597 D Restricted Stock Units 2015-04-13 4 A 0 18998 0.00 A Common Stock 18998 18998 D Performance-Based Restricted Stock Units (PSUs) 2015-04-13 4 A 0 45719 0.00 A Common Stock 45719 45719 D Restricted Stock Units 2015-04-13 4 A 0 51813 0.00 A Common Stock 51813 51813 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 April 13, 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 April 13, 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 April 13, 2015. Subject to the reporting person's continuing service, the restricted stock units vest as follows: (i) 50% of the restricted stock units vest on the first anniversary of the vesting commencement date, and (ii) the remaining 50% of the restricted stock units shall vest on the second anniversary of the vesting commencement date. The vesting commencement date for the restricted stock units is April 13, 2015. /s/ Diane L. Thompson, as Attorney-in-Fact 2015-04-14