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

Role: EVP, General Counsel
Signature: /s/ John C. Grothaus, attorney-in-fact
Stock symbol: LRN
Transactions as of: Aug 10, 2021
Transactions value $: -$63,365
Form type: 4
Date filed: 9/8/2021, 05:04 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	+4.58K	+9.48%	$0.00	52.8K	Aug 10, 2021	Direct	F1
transaction	LRN	Common Stock	Tax liability	-$63.4K	-2.06K	-3.91%	$30.70	50.7K	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.

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.