Cleveland Allison 4
4 · K12 INC · Filed Nov 16, 2017
Insider Transaction Report
Form 4
K12 INCLRN
Cleveland Allison
EVP, School Mgmt & Services
Transactions
- Award
Common Stock
2017-11-15+8,213→ 127,768 total - Tax Payment
Common Stock
2017-11-15$15.11/sh−2,740$41,401→ 125,028 total
Footnotes (2)
- [F1]Acquisition is in connection with the September 21, 2015 award and achievement of performance objectives.
- [F2]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.