K12 INC 4
4 · K12 INC · Filed Nov 4, 2016
Insider Transaction Report
Form 4
K12 INCLRN
Zarella Joseph
EVP, Business Operations
Transactions
- Tax Payment
Common Stock
2016-11-03$10.90/sh−1,655$18,040→ 96,459 total
Footnotes (1)
- [F1]Represents the number of shares withheld by the Company upon the vesting of restricted shares to cover the executive's withholding tax on income associated with the satisfaction of all vesting conditions. The number of shares withheld is based upon the closing price of a share of K12 common stock on the vesting date, or if the vesting date fell on a weekend or market holiday, upon the closing price of a share of K12 common stock on the most recent prior market day.