SEC Form 4 · accession 0001179110-17-014249
Stride, Inc. · LRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart Udell
Officer — Chief Executive Officer · Director
Period of report
Nov 15, 2017
Accepted (ET)
Nov 16, 2017 · 6:47 pm EST
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 | Nov 15, 2017 | A | 17,506 | $0.00 | A | 626,960 | D | |
| Common Stock | Nov 15, 2017 | F | 9,028 | $15.11 | D | 617,932 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Acquisition is in connection with the February 8, 2016 award and achievement of performance objectives.
- F2Represents 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.