SEC Form 4 · accession 0001188444-16-000002
Stride, Inc. · LRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Jay C Hoag
10% Owner · Other
Jon Q Reynolds Jr.
Director · 10% Owner · Other
John Drew
10% Owner · Other
Rick Kimball
10% Owner · Other
Robert Trudeau
10% Owner · Other
Christopher P Marshall
10% Owner · Other
Period of report
Jan 4, 2016
Accepted (ET)
Jan 6, 2016 · 6:38 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 StockF1,F2 | Jan 4, 2016 | A | 11,696 | $0.00 | A | 11,696 | D | |
| Common StockF3 | holding | — | — | — | 19,536 | I | TCV VII Management, L.L.C. | |
| Common StockF4 | holding | — | — | — | 2,617,727 | I | TCV VII, L.P. | |
| Common StockF5 | holding | — | — | — | 1,359,447 | I | TCV VII (A), L.P. | |
| Common StockF6 | holding | — | — | — | 22,826 | I | TCV Member Fund, L.P. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are restricted and will vest as follows: one-third of the shares will vest on December 15, 2016, December 15, 2017, and December 15, 2018, respectively.
- F2These RSAs are directly held by Jon Q. Reynolds, Jr. Mr. Reynolds has the sole voting and dispositive power over the shares; however, TCV VII Management, L.L.C. ("TCV VII Management") owns 100% of the pecuniary interest therein. Jon Q. Reynolds, Jr., Jay C. Hoag, Richard H. Kimball, John L. Drew, Robert W. Trudeau and Christopher P. Marshall (the "TCM Members") are members of TCV VII Management, but each disclaims beneficial ownership of such RSA and the underlying shares of the issuer's common stock except to the extent of their pecuniary interest therein.
- F3These shares are directly held by TCV VII Management. The TCM Members are members of TCV VII Management but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
- F4These securities are directly held by TCV VII, L.P. The TCM Members and Timothy P. McAdam, John C. Rosenberg and David L. Yuan (collectively, the "TCM VII Directors") are Class A Directors of Technology Crossover Management VII, Ltd. ("Management VII") and limited partners of Technology Crossover Management VII, L.P. ("TCM VII") . Management VII is the general partner of TCM VII, which is the general partner of TCV VII, L.P. The TCM VII Directors, Management VII and TCM VII may be deemed to beneficially own the securities held by TCV VII, L.P., but each of the TCM VII Directors, Management VII and TCM VII disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.
- F5These securities are directly held by TCV VII (A), L.P. The TCM VII Directors are Class A Directors of Management VII and limited partners of TCM VII . Management VII is the general partner of TCM VII, which is the general partner of TCV VII (A), L.P. The TCM VII Directors, Management VII and TCM VII may be deemed to beneficially own the securities held by TCV VII (A), L.P., but each of the TCM VII Directors, Management VII and TCM VII disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.
- F6These securities are directly held by TCV Member Fund, L.P. ("TCV MF"). The TCM VII Directors are Class A Directors of Management VII, which is a general partner of TCV MF, and limited partners of TCV MF. The TCM VII Directors and Management VII may be deemed to beneficially own the securities held by TCV MF, but the Management VII Directors and Management VII each disclaim beneficial ownership of such securities and any shares of Common Stock that may be received upon the conversion or exercise of such securities except to the extent of their pecuniary interest therein.