Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LRN | Common Stock | Options Exercise | $0 | +21.1K | +3.28% | $0.00 | 663K | Sep 26, 2024 | Direct | F1 |
transaction | LRN | Common Stock | Award | $0 | +52.6K | +7.94% | $0.00 | 715K | Sep 26, 2024 | Direct | F1 |
transaction | LRN | Common Stock | Tax liability | -$2.43M | -29K | -4.05% | $83.80 | 686K | Sep 26, 2024 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LRN | Restricted Stock Right | Options Exercise | $0 | -21.1K | -100% | $0.00 | 0 | Sep 26, 2024 | Common Stock | 21.1K | Direct | F3 |
Id | Content |
---|---|
F1 | Represents the acquisition of shares of Common Stock in connection with the vesting at above target threshold of the performance award originally granted on August 13, 2021. |
F2 | Represents the number of shares withheld by the Issuer 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 most recent prior market day. |
F3 | 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 $41.45 per share based on the average 20-day closing price on the next following trading date after September 15, 2024. |