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