4//SEC Filing
Medina Timothy 4
Accession 0001179110-21-008201
CIK 0001157408other
Filed
Aug 15, 8:00 PM ET
Accepted
Aug 16, 5:04 PM ET
Size
9.0 KB
Accession
0001179110-21-008201
Insider Transaction Report
Form 4
Stride, Inc.LRN
Medina Timothy
Chief Financial Officer
Transactions
- Award
Restricted Stock Right
2021-08-13+5,895→ 5,895 totalExp: 2024-09-15→ Common Stock (5,895 underlying) - Award
Common Stock
2021-08-13+15,720→ 63,881 total - Tax Payment
Common Stock
2021-08-12$33.39/sh−234$7,813→ 48,161 total
Footnotes (3)
- [F1]Represents the number of shares withheld by the Company upon the vesting of restricted shares to cover the executive's withholding tax associated with the satisfaction of all vesting conditions. The number of shares withheld is based upon the closing price of a share of Stride 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 Stride common stock on the most recent prior market day.
- [F2]These shares are restricted and vest semi-annually, with 20% vesting in the first year and 40% vesting in each of the next two years following the grant date.
- [F3]Each restricted stock right represents a contingent right to receive one share of Stride common stock. The restricted stock right vests upon Stride's common stock achieving an average stock price that equals or exceeds $41.45 per share based on the average 20-calendar day closing price on the next following trading date after September 15, 2024.
Documents
Issuer
Stride, Inc.
CIK 0001157408
Entity typeother
Related Parties
1- filerCIK 0001808841
Filing Metadata
- Form type
- 4
- Filed
- Aug 15, 8:00 PM ET
- Accepted
- Aug 16, 5:04 PM ET
- Size
- 9.0 KB