Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LRN | Common Stock | Award | $0 | +14.8K | +36.75% | $0.00 | 54.9K | Aug 5, 2021 | Direct | F1 |
transaction | LRN | Common Stock | Tax liability | -$67.5K | -2.22K | -4.04% | $30.42 | 52.7K | Aug 5, 2021 | Direct | F2 |
Id | Content |
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F1 | Acquisition is in connection with the August 12, 2020 award and achievement of performance objectives. These shares are restricted, with one-third vesting immediately and the remaining two-thirds vesting in equal annual installments over the next two years. |
F2 | Represents the number of shares withheld by the Company upon the vesting of restricted shares to cover the executive's withholding tax associated with the satisfaction of all vesting conditions. The number of shares withheld is based upon the closing price of a share of Stride 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 Stride common stock on the most recent prior market day. |