NATHANIEL A. DAVIS - 10 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: 10 Aug 2021
Net transactions value: -$271,449
Form type: 4
Filing time: 08 Sep 2021, 17:04:08 UTC
Previous filing: 10 Aug 2021
Next filing: 16 Aug 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	+19,605	+4.5%	$0.000000	459,368	10 Aug 2021	Direct	F1
transaction	LRN	Common Stock	Tax liability	$271,449	-8,842	-1.9%	$30.70	450,526	10 Aug 2021	Direct	F2
holding	LRN	Common Stock						275,786	10 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	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.

Content

Acquisition is in connection with the August 15, 2019 award and achievement of performance objectives.

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.