James Jeaho Rhyu - 10 Aug 2021 Form 4 Insider Report for Stride, Inc. (LRN)

Role: Chief Executive Officer, Director
Signature: /s/ John C. Grothaus, attorney-in-fact
Issuer symbol: LRN
Transactions as of: 10 Aug 2021
Transactions value $: -$180,977
Form type: 4
Filing time: 08 Sep 2021, 17:05:13 UTC
Previous filing: 09 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	+13.1K	+3.98%	$0.00	341K	10 Aug 2021	Direct	F1
transaction	LRN	Common Stock	Tax liability	-$181K	-5.9K	-1.73%	$30.70	335K	10 Aug 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.