Les Ottolenghi - Dec 10, 2021 Form 3 Insider Report for Stride, Inc. (LRN)

Role
Chief Info. & Tech. Officer
Signature
/s/ John C. Grothaus, attorney-in-fact
Stock symbol
LRN
Transactions as of
Dec 10, 2021
Transactions value $
$0
Form type
3
Date filed
12/17/2021, 04:06 PM
Previous filing
Dec 2, 2021
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LRN Common Stock 45K Dec 10, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding LRN Restricted Stock Right Dec 10, 2021 Common Stock 6.32K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock subject to time based vesting conditions.
F2 Each restricted stock right represents a contingent right to receive one share of Stride common stock. The restricted stock right vests upon Stride's common stock achieving an average stock price that equals or exceeds $31.15 per share based on the average 20-calendar day closing price on September 16, 2024.