SEC Form 4 · accession 0001179110-17-006646
Stride, Inc. · LRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nathaniel A Davis
Officer — Executive Chairman · Director
Period of report
May 3, 2017
Accepted (ET)
May 5, 2017 · 4:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001157408
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 3, 2017 | M | 2,500 | $17.46 | A | 788,695 | D | |
| Common StockF1 | May 3, 2017 | S | 2,500 | $20.46 | D | 786,195 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $17.46 | May 3, 2017 | M | 2,500 | D | — | Jul 13, 2017 | Common Stock | 2,500 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.45 to $20.47, inclusive. The reporting person undertakes to provide to K12 Inc., any security holder of K12 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 this footnote.
- F2This option was granted on July 13, 2009 and vested in 16 equal quarterly installments beginning on October 13, 2009.