Kevin Chavous - Aug 10, 2021 Form 4 Insider Report for Stride, Inc. (LRN)

Role
President
Signature
/s/ John C. Grothaus, attorney-in-fact
Stock symbol
LRN
Transactions as of
Aug 10, 2021
Transactions value $
-$108,586
Form type
4
Date filed
9/8/2021, 05:03 PM
Previous filing
Aug 9, 2021
Next filing
Aug 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LRN Common Stock Award $0 +7.84K +14.66% $0.00 61.3K Aug 10, 2021 Direct F1
transaction LRN Common Stock Tax liability -$109K -3.54K -5.77% $30.70 57.8K Aug 10, 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 15, 2019 award and achievement of performance objectives.
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.