0001567619-18-001509.txt : 20180820 0001567619-18-001509.hdr.sgml : 20180820 20180820214403 ACCESSION NUMBER: 0001567619-18-001509 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180817 FILED AS OF DATE: 20180820 DATE AS OF CHANGE: 20180820 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Clark Andrew S. CENTRAL INDEX KEY: 0001453872 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34272 FILM NUMBER: 181029413 MAIL ADDRESS: STREET 1: C/O BPE 13500 EVENING CREEK DRIVE NORTH STREET 2: SUITE 600 CITY: SAN DIEGO STATE: CA ZIP: 92128 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: 8620 SPECTRUM CENTER BLVD CITY: SAN DIEGO STATE: CA ZIP: 92123 BUSINESS PHONE: 858-668-2586 MAIL ADDRESS: STREET 1: 8620 SPECTRUM CENTER BLVD CITY: SAN DIEGO STATE: CA ZIP: 92123 4 1 doc1.xml FORM 4 X0306 4 2018-08-17 0 0001305323 Bridgepoint Education Inc BPI 0001453872 Clark Andrew S. 8620 SPECTRUM CENTER BLVD. SAN DIEGO CA 92123 1 1 0 0 Chief Executive Officer Common Stock 2018-08-17 4 M 0 666667 10.50 A 793204 D Common Stock 2018-08-17 4 F 0 600989 13.35 D 192215 D Common Stock 513444 I By trust Stock Option (right-to-buy) 10.50 2018-08-17 4 M 0 666667 0.00 D 2019-04-14 Common Stock 666667 0 D The share issuance reported on Table I (indicated by transaction code M) reflects shares issued upon the exercise of an employee stock option granted on April 14, 2009, which, if unexercised, would expire on April 14, 2019. The option exercise is reported on Table II. The exercise was pursuant to a net issuance program adopted by the issuer's board of directors to allow for exercise of the options prior to their expiration. Upon exercise of an option pursuant to the program, the issuer retains shares sufficient in value to cover the aggregate option exercise price and applicable withholding taxes. The withheld shares are indicated by transaction code F on Table I. No shares are sold into the market in connection with option exercises pursuant to the net issuance program. 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. Immediately exercisable. /s/ Diane L. Thompson, as Attorney-in-Fact 2018-08-20