0001104659-17-016393.txt : 20170314 0001104659-17-016393.hdr.sgml : 20170314 20170314170022 ACCESSION NUMBER: 0001104659-17-016393 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20170310 FILED AS OF DATE: 20170314 DATE AS OF CHANGE: 20170314 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Landy Joseph P. CENTRAL INDEX KEY: 0001220638 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34272 FILM NUMBER: 17688785 MAIL ADDRESS: STREET 1: C/O WARBURG PINCUS LLC STREET 2: 450 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER NAME: FORMER CONFORMED NAME: LANDY JOSEPH DATE OF NAME CHANGE: 20030225 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WARBURG PINCUS LLC CENTRAL INDEX KEY: 0001162870 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34272 FILM NUMBER: 17688787 BUSINESS ADDRESS: STREET 1: 450 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-878-0600 MAIL ADDRESS: STREET 1: 450 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Warburg Pincus Partners GP LLC CENTRAL INDEX KEY: 0001621224 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34272 FILM NUMBER: 17688789 BUSINESS ADDRESS: STREET 1: C/O WARBURG PINCUS LLC STREET 2: 450 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-878-0600 MAIL ADDRESS: STREET 1: C/O WARBURG PINCUS LLC STREET 2: 450 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Warburg Pincus Partners, L.P. CENTRAL INDEX KEY: 0001621242 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34272 FILM NUMBER: 17688790 BUSINESS ADDRESS: STREET 1: C/O WARBURG PINCUS LLC STREET 2: 450 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-878-0600 MAIL ADDRESS: STREET 1: C/O WARBURG PINCUS LLC STREET 2: 450 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Warburg Pincus Private Equity VIII, L.P. CENTRAL INDEX KEY: 0001157334 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34272 FILM NUMBER: 17688791 BUSINESS ADDRESS: STREET 1: C/O WARBURG PINCUS LLC STREET 2: 450 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-878-0600 MAIL ADDRESS: STREET 1: C/O WARBURG PINCUS LLC STREET 2: 450 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER NAME: FORMER CONFORMED NAME: WARBURG PINCUS PRIVATE EQUITY VIII L P DATE OF NAME CHANGE: 20010813 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WARBURG PINCUS & CO. CENTRAL INDEX KEY: 0000929408 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34272 FILM NUMBER: 17688788 BUSINESS ADDRESS: STREET 1: 450 LEXINGTON AVENUE STREET 2: NEW YORK CITY: NY STATE: NY ZIP: 100173147 BUSINESS PHONE: 2128780600 MAIL ADDRESS: STREET 1: 450 LEXINGTON AVENUE STREET 2: NEW YORK CITY: NY STATE: NY ZIP: 100173147 FORMER NAME: FORMER CONFORMED NAME: WARBURG PINCUS & CO DATE OF NAME CHANGE: 19940901 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KAYE CHARLES R CENTRAL INDEX KEY: 0001239318 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34272 FILM NUMBER: 17688786 MAIL ADDRESS: STREET 1: C/O WARBURG PINCUS LLC STREET 2: 450 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 4 1 a4.xml 4 X0306 4 2017-03-10 0 0001305323 Bridgepoint Education Inc BPI 0001157334 Warburg Pincus Private Equity VIII, L.P. C/O WARBURG PINCUS LLC 450 LEXINGTON AVENUE NEW YORK NY 10017 1 0 1 0 0001621242 Warburg Pincus Partners, L.P. C/O WARBURG PINCUS LLC 450 LEXINGTON AVENUE NEW YORK NY 10017 1 0 1 0 0001621224 Warburg Pincus Partners GP LLC C/O WARBURG PINCUS LLC 450 LEXINGTON AVENUE NEW YORK NY 10017 1 0 1 0 0000929408 WARBURG PINCUS & CO. 450 LEXINGTON AVENUE NEW YORK NY NY 100173147 1 0 1 0 0001162870 WARBURG PINCUS LLC 450 LEXINGTON AVENUE NEW YORK NY 10017 0 0 1 0 0001239318 KAYE CHARLES R C/O WARBURG PINCUS LLC 450 LEXINGTON AVENUE NEW YORK NY 10017 0 0 1 0 0001220638 Landy Joseph P. C/O WARBURG PINCUS LLC 450 LEXINGTON AVENUE NEW YORK NY 10017 0 0 1 0 Common Stock, par value $0.01 per share (''Common Stock'') 2017-03-10 4 D 0 18072289 8.30 D 9638285 D See Exhibit 99.1, note (1) See Exhibit 99.1, note (2) Exhibit List: Exhibit 99.1 - Explanation of Responses Exhibit 99.2 - Joint Filers' Names and Addresses Exhibit 99.3 - Joint Filers' Signatures *** The Power of Attorney given by each of Mr. Kaye and Mr. Landy was previously filed with the U.S. Securities & Exchange Commission on July 12, 2016 as an exhibit to a beneficial ownership report on Schedule 13D filed by WP LLC with respect to WEX Inc. and is hereby incorporated by reference. By: WARBURG PINCUS PRIVATE EQUITY VIII, L.P.; By: Warburg Pincus Partners, L.P., its general partner; By: Warburg Pincus Partners Partners GP LLC, its general partner; By: Warburg Pincus & Co., its managing member; By: /s/ Robert B. Knauss, Partner 2017-03-14 EX-99.1 2 ex-99d1.htm EX-99.1

Exhibit 99.1

 

Designated Filer:

Warburg Pincus Private Equity VIII, L.P.

Issuer & Ticker Symbol:

Bridgepoint Education, Inc. [BPI]

Date of Event Requiring Statement:

March 10, 2017

 

Explanation of Responses

 

(1)         The reported securities were sold in connection with the Share Repurchase Agreement by and between Warburg Pincus Private Equity VIII, L.P. and Bridgepoint Education, Inc. (the “Company”), pursuant to which Warburg Pincus Private Equity VIII, L.P. sold to the Company 18,072,289 shares of Common Stock of the Company at $8.30 per share on March 10, 2017.

 

(2)         This Form 4 is filed on behalf of Warburg Pincus Private Equity VIII, L.P., a Delaware limited partnership (together with its two affiliated partnerships, “WP VIII”).  Warburg Pincus Partners, L.P., a Delaware limited partnership (“WP Partners”), is the general partner, both directly and indirectly, of WP VIII.  Warburg Pincus Partners GP LLC, a Delaware limited liability company (“WP Partners GP”), is the general partner of WP Partners. Warburg Pincus & Co., a New York general partnership (“WP”), is the managing member of WP Partners GP.  Warburg Pincus LLC, a New York limited liability company (“WP LLC”), is the manager of WP VIII.  WP VIII, WP Partners, WP Partners GP, WP and WP LLC are collectively referred to as the “Warburg Pincus Entities.” Charles R. Kaye and Joseph P. Landy are each a Managing General Partner of WP and a Managing Member and Co-Chief Executive Officer of WP LLC and may be deemed to control the Warburg Pincus Entities. Each of WP VIII, WP Partners GP, WP, WP LLC and Messrs. Charles R. Kaye and Joseph P. Landy are referred to as a “Reporting Person.”

 

By reason of the provisions of Rule 16a-1 of the Securities Exchange Act of 1934, as amended (“Exchange Act”), WP VIII, WP Partners, WP Partners GP, WP, WP LLC, Mr. Kaye and Mr. Landy may be deemed to be the beneficial owners of Common Stock held by WP VIII.  Each of Mr. Kaye, Mr. Landy, WP VIII, WP Partners, WP Partners GP, WP and WP LLC disclaims beneficial ownership of the Common Stock except to the extent of any indirect pecuniary interest therein. This Form 4 shall not be deemed an admission that any Reporting Person or any other person referred to herein is a beneficial owner of any Common Stock for purposes of Section 16 of the Exchange Act or for any other purpose or that any Reporting Person or other person has an obligation to file this Form 4, except, in each case, to the extent it or he has a pecuniary interest in such Common Stock for purposes of Section 16 of the Exchange Act.

 

WP VIII, WP Partners, WP Partners GP and WP are directors-by-deputization solely for purposes of Section 16 of the Exchange Act.

 


EX-99.2 3 ex-99d2.htm EX-99.2

Exhibit 99.2

 

Designated Filer:

Warburg Pincus Private Equity VIII, L.P.

Issuer & Ticker Symbol:

Bridgepoint Education, Inc. [BPI]

Date of Event Requiring Statement:

March 10, 2017

 

JOINT FILERS’ NAMES AND ADDRESSES

 

1.

Name:

Warburg Pincus Private Equity VIII, L.P.

 

 

 

 

Address:

c/o Warburg Pincus LLC

 

 

 

 

 

450 Lexington Avenue

 

 

 

 

 

New York, NY 10017

 

 

 

2.

Name:

Warburg Pincus Partners L.P.

 

 

 

 

Address:

c/o Warburg Pincus LLC

 

 

 

 

 

450 Lexington Avenue

 

 

 

 

 

New York, NY 10017

 

 

 

3.

Name:

Warburg Pincus Partners GP LLC

 

 

 

 

Address:

c/o Warburg Pincus LLC

 

 

 

 

 

450 Lexington Avenue

 

 

 

 

 

New York, NY 10017

 

 

 

4.

Name:

Warburg Pincus & Co.

 

 

 

 

Address:

450 Lexington Avenue

 

 

 

 

 

New York, NY 10017

 

1



 

5.

Name:

Warburg Pincus LLC

 

 

 

 

Address:

450 Lexington Avenue

 

 

 

 

 

New York, NY 10017

 

 

 

6.

Name:

Charles R. Kaye

 

 

 

 

Address:

c/o Warburg Pincus LLC

 

 

 

 

 

450 Lexington Avenue

 

 

 

 

 

New York, NY 10017

 

 

 

7.

Name:

Joseph P. Landy

 

 

 

 

Address:

c/o Warburg Pincus LLC

 

 

 

 

 

450 Lexington Avenue

 

 

 

 

 

New York, NY 10017

 

2


EX-99.3 4 ex-99d3.htm EX-99.3

Exhibit 99.3

 

Designated Filer:

Warburg Pincus Private Equity VIII, L.P.

Issuer & Ticker Symbol:

Bridgepoint Education, Inc. [BPI]

Date of Event Requiring Statement:

March 10, 2017

 

Joint Filers’ Signatures

 

WARBURG PINCUS PRIVATE EQUITY VIII, L.P.

 

By: Warburg Pincus Partners, L.P., its general partner

 

By: Warburg Pincus Partners GP LLC, its general partner

 

By: Warburg Pincus & Co., its managing member

 

 

By:

/s/ Robert B. Knauss

 

Date:

March 14, 2017

 

Name: Robert B. Knauss

 

 

 

 

Title: Partner

 

 

 

 

 

WARBURG PINCUS PARTNERS, L.P.

 

By: Warburg Pincus Partners GP LLC, its general partner

 

By: Warburg Pincus & Co., its managing member

 

By:

/s/ Robert B. Knauss

 

Date:

March 14, 2017

 

Name: Robert B. Knauss

 

 

 

 

Title: Partner

 

 

 

 

 

WARBURG PINCUS PARTNERS GP LLC

 

By: Warburg Pincus & Co., its managing member

 

By:

/s/ Robert B. Knauss

 

Date:

March 14, 2017

 

Name: Robert B. Knauss

 

 

 

 

Title: Partner

 

 

 

 

1



 

WARBURG PINCUS & CO.

 

 

By:

/s/ Robert B. Knauss

 

Date:

March 14, 2017

 

Name: Robert B. Knauss

 

 

 

 

Title: Partner

 

 

 

 

 

WARBURG PINCUS LLC

 

By:

/s/ Robert B. Knauss

 

Date:

March 14, 2017

 

Name: Robert B. Knauss

 

 

 

 

Title: Managing Director

 

 

 

 

 

CHARLES R. KAYE

 

 

By:

/s/ Robert B. Knauss

 

Date:

March 14, 2017

 

Name: Robert B. Knauss

 

 

 

 

Title: Robert B. Knauss, Attorney-in-Fact*

 

 

 

 

 

JOSEPH P. LANDY

 

 

By:

/s/ Robert B. Knauss

 

Date:

March 14, 2017

 

Name: Robert B. Knauss

 

 

 

 

Title: Robert B. Knauss, Attorney-in-Fact*

 

 

 

 

* The Power of Attorney given by each of Mr. Kaye and Mr. Landy was previously filed with the U.S. Securities & Exchange Commission on July 12, 2016 as an exhibit to a beneficial ownership report on Schedule 13D filed by Warburg Pincus LLC with respect to WEX Inc. and is hereby incorporated by reference.

 

2