K12 INC 4
4 · K12 INC · Filed Aug 26, 2016
Insider Transaction Report
Form 4
K12 INCLRN
Zarella Joseph
EVP, Business Operations
Transactions
- Award
Common Stock
2016-08-24+40,000→ 93,364 total
Footnotes (1)
- [F1]These shares are restricted and will vest as follows: 80% vest semi-annually, with 20% vesting in the first year and 40% vesting in each of the next two years following the grant date. The remaining 20% will only begin vesting upon the achievement of a performance objective. Upon certification of the extent to which the performance objective was achieved, the shares will vest as follows: 20% will vest immediately and 40% will vest semi-annually in each of the following two years.