NATHANIEL A. DAVIS - 13 Aug 2021 Form 4 Insider Report for Stride, Inc. (LRN)

Role
Executive Chairman, Director
Signature
/s/ John C. Grothaus, attorney-in-fact
Issuer symbol
LRN
Transactions as of
13 Aug 2021
Net transactions value
-$2,144,003
Form type
4
Filing time
16 Aug 2021, 17:03:16 UTC
Previous filing
08 Sep 2021
Next filing
21 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LRN Common Stock Award $0 +28,070 +5.9% $0.000000 499,954 13 Aug 2021 Direct F1
transaction LRN Common Stock Tax liability $52,682 -1,479 -0.3% $35.62 498,475 14 Aug 2021 Direct F2
transaction LRN Common Stock Tax liability $2,091,321 -58,712 -12% $35.62 439,763 15 Aug 2021 Direct F2
holding LRN Common Stock 275,786 13 Aug 2021 Nathaniel A Davis Revocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are restricted and will vest on July 1, 2022.
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.