K12 INC 4
4 · K12 INC · Filed Feb 2, 2017
Insider Transaction Report
Form 4
K12 INCLRN
Cloud Lynda
EVP, Products
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2017-02-01−17,785→ 26,250 totalExercise: $15.89Exp: 2022-10-01→ Common Stock (17,785 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2017-01-31−15,965→ 44,035 totalExercise: $15.89Exp: 2022-10-01→ Common Stock (15,965 underlying) - Exercise/Conversion
Common Stock
2017-02-01$15.89/sh+17,785$282,604→ 105,538 total - Exercise/Conversion
Common Stock
2017-01-31$15.89/sh+15,965$253,684→ 103,718 total - Sale
Common Stock
2017-01-31$20.03/sh−15,965$319,779→ 87,753 total - Sale
Common Stock
2017-02-01$19.90/sh−17,785$353,922→ 87,753 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.16, inclusive. The reporting person undertakes to provide to K12 Inc., any security holder of K12 Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]Shares vest 25% on the one-year anniversary of the grant date and the remaining 75% vest quarterly for the following three years.