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Stride, Inc. — Director's Dealing 2015
Feb 17, 2015
30861_dirs_2015-02-17_a64d1bc6-129e-4597-8ef8-e649e4bcf354.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: 2015-02-12
Reporting Person: Cleveland Allison (EVP, School Mgmt. & Services)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-12 | Common Stock | M | 3382.0 | $13.66 | Acquired | 45988 | Direct |
| 2015-02-12 | Common Stock | S | 3382.0 | $16.56 | Disposed | 42606 | Direct |
| 2015-02-13 | Common Stock | F | 255.0 | $16.56 | Disposed | 42351 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-12 | Employee Stock Option (right to buy) | $13.66 | M | 3382.0 | Disposed | 2015-07-03 | Common Stock (3382) | Direct |
Footnotes
F1: Represents the number of shares acquired through the option exercise reported in Table II at the exercise price of $13.66.
F2: 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.
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