| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LRN | Common Stock | Award | $0 | +43.6K | +13.82% | $0.00 | 359K | Aug 6, 2021 | Direct | F1 |
| transaction | LRN | Common Stock | Award | $0 | +119K | +33.27% | $0.00 | 478K | Aug 6, 2021 | Direct | F2 |
| transaction | LRN | Common Stock | Tax liability | -$197K | -6.56K | -1.37% | $30.03 | 472K | Aug 6, 2021 | Direct | F3 |
| holding | LRN | Common Stock | 276K | Aug 6, 2021 | Nathaniel A Davis Revocable Trust |
| Id | Content |
|---|---|
| F1 | Acquisition is in connection with the August 14, 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 | Acquisition is in connection with August 15, 2019 performance-based restricted stock award under the Stride, Inc. 2016 Incentive Award Plan (the "Award"). These shares represent one-third of the shares subject to the Award and vest on August 15, 2021 because the performance objective was met. |
| F3 | 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. |