SEC Form 4 · accession 0001179110-17-012637
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 20, 2017
Accepted (ET)
Sep 22, 2017 · 5:31 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 20, 2017 | A | 42,710 | $0.00 | A | 234,591 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are restricted and will vest as follows: 80% vest semi-annually, with 20% vesting in the first year and 40% vesting in each of the next two years following the grant date. The remaining 20% will only begin vesting upon the achievement of a performance objective. Upon certification of the extent to which the performance objective was achieved, the shares will vest as follows: 20% will vest immediately and 40% will vest semi-annually in each of the following two years.