Polsky Howard D. 4
4 · K12 INC · Filed Aug 28, 2018
Insider Transaction Report
Form 4
K12 INCLRN
Polsky Howard D.
SVP, General Counsel&Secretary
Transactions
- Sale
Common Stock
2018-08-27$17.50/sh−2,091$36,593→ 129,981 total - Tax Payment
Common Stock
2018-08-24$17.47/sh−2,526$44,129→ 132,072 total
Footnotes (2)
- [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.
- [F2]The sales reported in these transactions were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on June 12, 2018.