SEC Form 4 · accession 0001179110-17-012206
Stride, Inc. · LRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Jeaho Rhyu
Officer — EVP & Chief Financial Officer
Period of report
Sep 8, 2017
Accepted (ET)
Sep 12, 2017 · 5:37 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 | Sep 8, 2017 | F | 1,527 | $17.51 | D | 201,881 | D | |
| Common Stock | Sep 12, 2017 | S | 10,000 | $18.00 | D | 191,881 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 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.
- F2The sales reported in these transactions were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on May 5, 2017.