Vincent Mathis - Aug 5, 2021 Form 4 Insider Report for Stride, Inc. (LRN)

Signature
/s/ John C. Grothaus, attorney-in-fact
Stock symbol
LRN
Transactions as of
Aug 5, 2021
Transactions value $
-$54,026
Form type
4
Date filed
8/9/2021, 07:05 PM
Next filing
Sep 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LRN Common Stock Award $0 +11.8K +45.91% $0.00 37.5K Aug 5, 2021 Direct F1
transaction LRN Common Stock Tax liability -$54K -1.78K -4.73% $30.42 35.7K Aug 5, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.