Ralph R. Smith - Dec 7, 2023 Form 4 Insider Report for Stride, Inc. (LRN)

Role
Director
Signature
/s/ John C. Grothaus, Attorney-in-fact
Stock symbol
LRN
Transactions as of
Dec 7, 2023
Transactions value $
$0
Form type
4
Date filed
12/11/2023, 05:22 PM
Previous filing
Oct 17, 2023
Next filing
Apr 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LRN Common Stock Award $0 +831 +94% $0.00 1.72K Dec 7, 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 Deferred Stock Unit Award $0 +2.49K +74.06% $0.00 5.86K Dec 7, 2023 Common Stock 2.49K Direct F2, F3
* 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 will vest on the earlier of (a) December 7, 2024, or (b) the next annual meeting of the stockholders of Stride, Inc.
F2 Represents Deferred Stock Units ("DSUs") under the Stride, Inc. Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share of common stock of Stride, Inc. Vested DSUs become payable upon the reporting person's termination of service as a Director. Any fractional shares will be paid in cash upon settlement.
F3 The DSUs will vest on the earlier of (a) December 7, 2024 or (b) the next annual meeting of the stockholders of Stride, Inc.