SEC Form 4 · accession 0001179110-18-010971
Stride, Inc. · LRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard D. Polsky
Officer — General Counsel & Secretary
Period of report
Aug 24, 2018
Accepted (ET)
Aug 28, 2018 · 5:03 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 | Aug 24, 2018 | F | 2,526 | $17.47 | D | 132,072 | D | |
| Common Stock | Aug 27, 2018 | S | 2,091 | $17.50 | D | 129,981 | 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 June 12, 2018.