Sec Form 4 Filing - Henry Danroy T SR @ BRIGHT HORIZONS FAMILY SOLUTIONS INC. - 2013-09-11

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Henry Danroy T SR
2. Issuer Name and Ticker or Trading Symbol
BRIGHT HORIZONS FAMILY SOLUTIONS INC. [ BFAM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Human Resources Officer
(Last) (First) (Middle)
C/O BRIGHT HORIZONS FAMILY SOLUTIONS INC, 200 TALCOTT AVENUE SOUTH
3. Date of Earliest Transaction (MM/DD/YY)
09/11/2013
(Street)
WATERTOWN, MA02472
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/11/2013 M 2,252 A $ 2.56 9,210 D
Common Stock 09/11/2013 M 292 A $ 4.93 9,502 D
Common Stock 09/11/2013 M 17,676 A $ 12 27,178 D
Common Stock 09/11/2013 M 43,645 A $ 14.54 70,823 D
Common Stock 09/11/2013 S( 1 ) 70,823 D $ 36.42 ( 2 ) 0 D
Common Stock 09/12/2013 M 24,458 A $ 14.54 24,458 D
Common Stock 09/12/2013 M 8,601 A $ 14.54 33,059 D
Common Stock 09/12/2013 S( 1 ) 33,059 D $ 36.87 ( 3 ) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to purchase Common Stock $ 2.56 09/11/2013 M 2,252 05/28/2008 02/19/2014 Common Stock 2,252 $ 0 0 D
Option to purchase Common Stock $ 4.93 09/11/2013 M 292 05/28/2008 02/19/2014 Common Stock 292 $ 0 0 D
Option to purchase Common Stock $ 12 09/11/2013 M 17,676 ( 4 ) 09/02/2018 Common Stock 17,676 $ 0 0 D
Option to purchase Common Stock $ 14.54 09/11/2013 M 43,645 ( 5 ) 09/02/2018 Common Stock 43,645 $ 0 92,561 D
Option to purchase Common Stock $ 14.54 09/12/2013 M 33,059 ( 5 ) 09/02/2018 Common Stock 33,059 $ 0 59,502 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Henry Danroy T SR
C/O BRIGHT HORIZONS FAMILY SOLUTIONS INC
200 TALCOTT AVENUE SOUTH
WATERTOWN, MA02472
Chief Human Resources Officer
Signatures
/s/ John Casagrande, as attorney in fact for Danroy Henry, Sr. 09/13/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The sales reported in this row were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 28, 2013.
( 2 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.23 to $36.56, inclusive. The reporting person undertakes to provide Bright Horizons Family Solutions Inc., any security holder of Bright Horizons Family Solutions Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
( 3 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.83 to $37.00, inclusive. The reporting person undertakes to provide Bright Horizons Family Solutions Inc., any security holder of Bright Horizons Family Solutions Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) to this Form 4.
( 4 )On May 2, 2012, the reporting person received in exchange for an earlier grant an option to purchase 17,676 shares of the registrant's common stock subject to time and performance vesting criteria. The time and performance criteria have been met with respect to this award.
( 5 )On May 2, 2012, the reporting person received in exchange for an earlier grant an option to purchase 136,206 shares of the registrant's common stock subject to time and performance vesting criteria. The time and performance criteria have been met with respect to this award.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one r eporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.