K12 INC 4
4 · K12 INC · Filed Jun 15, 2017
Insider Transaction Report
Form 4
K12 INCLRN
Cleveland Allison
EVP, School Mgmt & Services
Transactions
- Exercise/Conversion
Common Stock
2017-06-15$17.46/sh+5,600$97,776→ 99,916 total - Sale
Common Stock
2017-06-15$18.66/sh−5,600$104,496→ 94,316 total - Exercise/Conversion
Employee Stock Option (right to buy)
2017-06-15−5,600→ 1,000 totalExercise: $17.46Exp: 2017-07-13→ Common Stock (5,600 underlying)
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 $18.64 to $18.70, 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]This option was granted on July 13, 2009 and 25% of the options vested on July 13, 2010 and the remaining 75% of the options vested in 12 equal quarterly installments beginning on October 13, 2010.