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

Role: Executive Chairman, Director
Signature: /s/ John C. Grothaus, attorney-in-fact
Stock symbol: LRN
Transactions as of: Aug 13, 2021
Transactions value $: -$2,144,003
Form type: 4
Date filed: 8/16/2021, 05:03 PM
Previous filing: Sep 8, 2021
Next filing: Sep 21, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LRN	Common Stock	Award	$0	+28.1K	+5.95%	$0.00	500K	Aug 13, 2021	Direct	F1
transaction	LRN	Common Stock	Tax liability	-$52.7K	-1.48K	-0.3%	$35.62	498K	Aug 14, 2021	Direct	F2
transaction	LRN	Common Stock	Tax liability	-$2.09M	-58.7K	-11.78%	$35.62	440K	Aug 15, 2021	Direct	F2
holding	LRN	Common Stock						276K	Aug 13, 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.

Content

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

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.