SEC Form 4 · accession 0001630121-16-000050

Stride, Inc. · LRN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director

Period of report

Feb 8, 2016

Accepted (ET)

Feb 10, 2016 · 8:06 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^F1	Feb 8, 2016	A	155,602	$0.00	A	155,602	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Right (2)^F2	—	Feb 8, 2016	A	76,923	A	—	Feb 8, 2019	Common Stock	76,923	76,923	D
Restricted Stock Right (3)^F3	—	Feb 8, 2016	A	93,750	A	—	Feb 8, 2019	Common Stock	93,750	93,750	D
Restricted Stock Right (4)^F4	—	Feb 8, 2016	A	157,895	A	—	Feb 8, 2019	Common Stock	157,895	157,895	D

F1Shares vest 25% on the one year anniversary of the effective date of the recipient's employment agreement and the remaining 75% in eight (8) substantially equal quarterly installments thereafter.
F2Each restricted stock right represents a contingent right to receive one share of K12 common stock. The restricted stock right vests upon K12's common stock achieving an average stock price that equals or exceed $13 per share over a consecutive 30 day period within 3 years from the effective date of the recipient's employment agreement.
F3Each restricted stock right represents a contingent right to receive one share of K12 common stock. The restricted stock right vests upon K12's common stock achieving an average stock price that equals or exceed $16 per share over a consecutive 30 day period within 3 years from the effective date of the recipient's employment agreement.
F4Each restricted stock right represents a contingent right to receive one share of K12 common stock. The restricted stock right vests upon K12's common stock achieving an average stock price that equals or exceed $19 per share over a consecutive 30 day period within 3 years from the effective date of the recipient's employment agreement.