Vincent Mathis - 18 Aug 2023 Form 4 Insider Report for Stride, Inc. (LRN)

Role: EVP, GENERAL COUNSEL
Signature: /s/ John C. Grothaus, Attorney-in-fact
Issuer symbol: LRN
Transactions as of: 18 Aug 2023
Net transactions value: $0
Form type: 4
Filing time: 22 Aug 2023, 16:34:57 UTC
Previous filing: 15 Aug 2023
Next filing: 31 Oct 2023
SEC: View on sec.gov

Quoteable Key Fact

"Vincent Mathis filed Form 4 for Stride, Inc. (LRN) on 22 Aug 2023."

Quick Takeaways

This page summarizes Vincent Mathis's Form 4 filing for Stride, Inc. (LRN).
2 reported transactions and 1 derivative row are listed below.
Filing timestamp: 22 Aug 2023, 16:34.

What Changed

Previous filing in this sequence was filed on 15 Aug 2023.
Current net transaction value: $0.

Why This Matters

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LRN	Common Stock	Award	$0	+15,720	+42%	$0.000000	52,780	18 Aug 2023	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
transaction	LRN	Restricted Stock Right	Award	$0	+5,890		$0.000000	5,890	18 Aug 2023	Common Stock	5,890		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares are restricted and vest semi-annually, with 20% vesting in the first year and 40% vesting in each of the next two years following the grant date.
F2	Represents an award of restricted stock rights, each of which represents a contingent right to receive one share of the Company's common stock. The restricted stock rights will vest based on the achievement of certain compound annual growth rates in the price of the Company's common stock between the award date and September 15, 2026, subject to earlier vesting in certain circumstances described in the applicable award agreement. The amount reported herein represents the threshold amount under the award.

Content

These shares are restricted and vest semi-annually, with 20% vesting in the first year and 40% vesting in each of the next two years following the grant date.

Represents an award of restricted stock rights, each of which represents a contingent right to receive one share of the Company's common stock. The restricted stock rights will vest based on the achievement of certain compound annual growth rates in the price of the Company's common stock between the award date and September 15, 2026, subject to earlier vesting in certain circumstances described in the applicable award agreement. The amount reported herein represents the threshold amount under the award.