Baule John F. 4
4 · K12 INC · Filed Aug 28, 2009
Insider Transaction Report
Form 4
K12 INCLRN
Baule John F.
COO & CFO
Transactions
- Sale
Common Stock
2009-08-27$21.28/sh−9,570$203,650→ 0 total - Exercise/Conversion
Common Stock
2009-08-28$7.65/sh+12,739$97,453→ 12,739 total - Exercise/Conversion
Common Stock
2009-08-26$7.65/sh+12,100$92,565→ 12,100 total - Sale
Common Stock
2009-08-26$21.01/sh−12,100$254,221→ 0 total - Exercise/Conversion
Common Stock
2009-08-27$7.65/sh+9,570$73,211→ 9,570 total - Sale
Common Stock
2009-08-28$21.40/sh−12,739$272,615→ 0 total - Exercise/Conversion
Employee Stock Option (right to buy)
2009-08-26−12,100→ 50,093 totalExercise: $7.65Exp: 2014-06-01→ Common Stock (12,100 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2009-08-27−9,570→ 40,523 totalExercise: $7.65Exp: 2014-06-01→ Common Stock (9,570 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2009-08-28−12,739→ 27,784 totalExercise: $7.65Exp: 2014-06-01→ Common Stock (12,739 underlying)
Footnotes (5)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 16, 2009.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.08, 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 ranges set forth in this footnote.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.50, 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 ranges set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.12 to $21.61, 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 ranges set forth in this footnote.
- [F5]Shares vest 25% on the one year-anniversary of the grant date (June 1, 2006) and the remaining 75% vest quarterly for the following three years.