Ownership Submission
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 OF SECURITIES

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: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
TOCIO MARY ANN
  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)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President & COO
(Last)
(First)
(Middle)
200 TALCOTT AVENUE SOUTH
3. Date of Earliest Transaction (Month/Day/Year)
08/18/2006
(Street)

WATERTOWN, MA 02472
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 08/18/2006   M   20,000 A $ 9.5 65,140 D  
Common Stock 08/18/2006   S   20,000 D $ 39.4 45,140 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)

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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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
Stock Options (Right to buy) $ 7.41             11/16/1999 11/16/2009 Common Stock 3,200   3,200 D  
Stock Options (Right to buy) $ 8.31             06/01/2000 06/01/2010 Common Stock 17,886   17,886 D  
Stock Options (Right to buy) $ 8.63             03/07/2000 03/07/2010 Common Stock 3,200   3,200 D  
Stock Options (Right to buy) $ 11.46             04/16/2001 04/16/2011 Common Stock 1,600   1,600 D  
Stock Options (Right to buy) $ 12.03             12/13/2001 12/13/2011 Common Stock 104,877   104,877 D  
Stock Options (Right to buy) $ 13.3             03/06/2003 03/06/2013 Common Stock 30,000   30,000 D  
Stock Options (Right to buy) $ 13.82             05/22/2001 05/22/2011 Common Stock 1,600   1,600 D  
Stock Options (Right to buy) $ 14.3             02/14/2002 02/14/2012 Common Stock 48,000   48,000 D  
Stock Options (Right to buy) $ 34.44             02/28/2008 02/28/2012 Common Stock 33,100   33,100 D  
Stock Options (Right to buy) $ 36.63             02/16/2009 02/16/2013 Common Stock 24,650   24,650 D  
Stock Options (Right to buy) $ 9.5 08/18/2006   M     20,000 10/14/1998 10/14/2008 Common Stock 20,000 $ 0 12,630 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
TOCIO MARY ANN
200 TALCOTT AVENUE SOUTH
WATERTOWN, MA 02472
  X     President & COO  

Signatures

 Stephen I. Dreier   08/22/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting 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.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.