Stephen Kramer - 25 Feb 2022 Form 4 Insider Report for BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM)

Signature
/s/ John Casagrande, as attorney in fact for Stephen Kramer
Issuer symbol
BFAM
Transactions as of
25 Feb 2022
Transactions value $
$1,210,814
Form type
4
Filing time
01 Mar 2022, 16:21:56 UTC
Previous filing
15 Oct 2021
Next filing
28 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFAM Common Stock Award $1.21M +18.8K +16.82% $64.41 131K 25 Feb 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BFAM Option to Purchase Common Stock Award $0 +23.8K $0.00 23.8K 25 Feb 2022 Common Stock 23.8K $128.81 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This grant represents restricted stock that vest 100% on February 25, 2025. The purchase price paid by the reporting person reflects 50% of the fair market value of the Companys common stock on the date of grant
F2 This option is eligible to vest 60% of the underlying shares on February 25, 2025 and thereafter, as to the remaining 40% of underlying shares, in two equal annual installments beginning on February 25, 2026.