Medina Timothy 4
4 · K12 INC · Filed Apr 16, 2020
Insider Transaction Report
Form 4
K12 INCLRN
Medina Timothy
Chief Financial Officer
Transactions
- Award
Restricted Stock Right
2020-04-13+66,934→ 66,934 totalExp: 2021-08-30→ Common Stock (66,934 underlying) - Award
Common Stock
2020-04-13+34,707→ 34,707 total
Footnotes (2)
- [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]Each restricted stock right represents a contingent right to receive one share of K12 common stock. The restricted stock rights vest, if at all, upon K12's common stock achieving certain per share stock price targets based on the average 30-calendar day closing stock price subsequent to seven days after the FY 2021 year end earnings release.