Mary Lou Burke - 02 Aug 2024 Form 4 Insider Report for BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM)

Role
COO North America Center Ops
Signature
/s/ John Casagrande, as attorney in fact for Mary Lou Burke
Issuer symbol
BFAM
Transactions as of
02 Aug 2024
Net transactions value
-$843,437
Form type
4
Filing time
06 Aug 2024, 16:29:33 UTC
Previous filing
16 Jul 2024
Next filing
06 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFAM Common Stock Options Exercise $1,157,520 +12,000 +33% $96.46 47,925 02 Aug 2024 Direct
transaction BFAM Common Stock Sale $338,272 -2,700 -5.6% $125.29 45,225 02 Aug 2024 Direct F1, F2
transaction BFAM Common Stock Sale $151,897 -1,200 -2.7% $126.58 44,025 02 Aug 2024 Direct F1, F3
transaction BFAM Common Stock Sale $140,494 -1,100 -2.5% $127.72 42,925 02 Aug 2024 Direct F1, F4
transaction BFAM Common Stock Sale $195,000 -1,500 -3.5% $130.00 41,425 02 Aug 2024 Direct F1
transaction BFAM Common Stock Sale $947,357 -7,000 -17% $135.34 34,425 02 Aug 2024 Direct F1, F5
transaction BFAM Common Stock Sale $125,000 -1,000 -2.9% $125.00 33,425 02 Aug 2024 Direct F1
transaction BFAM Common Stock Sale $102,936 -800 -2.4% $128.67 32,625 05 Aug 2024 Direct F1
holding BFAM Common Stock 1,320 02 Aug 2024 UTMA Custodian for daughter
holding BFAM Common Stock 1,320 02 Aug 2024 UTMA Custodian for daughter

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 Options Exercise $0 -12,000 -100% $0.000000* 0 02 Aug 2024 Common Stock 12,000 $96.46 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions were made pursuant to a trading plan intended to comply with Rule 10b5-1(c) previously adopted by the Reporting Person on March 11, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $125.00 to $125.95. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $126.31 to $126.98. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $127.325 to $128.22. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5 This transaction was executed in multiple trades at prices ranging from $135.00 to $135.89. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F6 This option is fully vested.