Shaun E. McAlmont - 06 Oct 2021 Form 4 Insider Report for Stride, Inc. (LRN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
08 Oct 2021, 17:35:00 UTC
Prior SEC filing
16 Aug 2021
Next SEC filing
29 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John C. Grothaus, attorney-in-fact

Key filing fact

Shaun E. McAlmont filed Form 4 for Stride, Inc. (LRN) on 08 Oct 2021.

Key facts

  • This page summarizes Shaun E. McAlmont's Form 4 filing for Stride, Inc. (LRN).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 08 Oct 2021, 17:35.

Change

  • Previous filing in this sequence was filed on 16 Aug 2021.
  • Current net transaction value: -$1,930,029.

Research use

  • 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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LRN transaction

Common Stock

Options Exercise

Transaction value
Shares
+117,277
Change %
+211%
Price
Shares after
172,983
Date
06 Oct 2021
Ownership
Direct
Footnotes
F1
LRN transaction

Common Stock

Tax liability

Transaction value
$1,930,029
Shares
-52,892
Change %
-31%
Price
$36.49
Shares after
120,091
Date
06 Oct 2021
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LRN transaction Derivative

Restricted Stock Right

Options Exercise

Transaction value
$0
Shares
-117,277
Change %
-100%
Price
$0.000000*
Shares after
0
Date
06 Oct 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
117,277
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each restricted stock right represents a contingent right to receive one share of the Issuer's common stock. In accordance with the terms of the award disclosed on April 15, 2019, the restricted stock rights vested upon the Issuer's common stock achieving certain per share price targets based on the average 30-calendar day closing stock price subsequent to seven days after the FY 2021 year end earnings release and certification by the Issuer's board of directors of the same.

Footnote 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.

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