Wright Sheryl 4
4 · Bridgepoint Education Inc · Filed Jun 29, 2012
Insider Transaction Report
Form 4
Wright Sheryl
SVP, External Affairs
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-06-28−1,418→ 0 total→ Common Stock (1,418 underlying) - Exercise/Conversion
Common Stock
2012-06-28+1,418→ 1,418 total - Tax Payment
Common Stock
2012-06-28$21.07/sh−521$10,977→ 897 total
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. On June 28, 2012, 1,418 of the reporting person's restricted stock units were settled for an equal number of the issuer's common stock.
- [F2]The restricted stock units granted on June 28, 2011 vest in full on June 28, 2012, subject to the reporting person's continuing service. Vested shares will be delivered to the reporting person on June 28, 2012.