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Stride, Inc. — Director's Dealing 2015
Jul 29, 2015
30861_dirs_2015-07-29_f3f32a24-0fc6-4fd3-adff-dc7f6aae7deb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: K12 INC (LRN)
CIK: 0001157408
Period of Report: 2015-07-27
Reporting Person: Murray Timothy (President and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-07-27 | Common Stock | A | 3200.0 | $0.0 | Acquired | 192477 | Direct |
| 2015-07-27 | Common Stock | F | 4702.0 | $13.23 | Disposed | 187775 | Direct |
Footnotes
F1: Acquisition is in connection with the September 4, 2014 award and achievement of performance objectives.
F2: These shares are restricted and will vest as follows: one-third of the shares will vest immediately, and on July 27, 2016 and July 27, 2017, respectively.
F3: Represents the number of shares withheld by the Company upon the vesting of restricted shares to cover the executive's withholding tax on income associated with the satisfaction of all vesting conditions. The number of shares withheld is based upon the closing price of a share of K12 common stock on the vesting date, or if the vesting date fell on a weekend or market holiday, upon the closing price of a share of K12 common stock on the most recent prior market day.