Gatti Frank R [Rocket]

Date	Name	Symbol	Type	Security	Shares	Price	Value	Ownership	Reported
01/13/2012	PEOPLES EDUCATIONAL HOLDINGS	PEDH	Grant	Stock Option (Right to Buy)	12k	$0.70	$8.4k		01/13/2012
06/15/2011	BLACKBOARD INC	BBBB	Grant	Stock Option (right to buy)	6k	$42.17	$253k		06/15/2011