MILKEN MICHAEL R 4
4 · K12 INC · Filed Feb 28, 2011
Insider Transaction Report
Form 4
K12 INCLRN
MILKEN MICHAEL R
Other
Transactions
- Gift
Common Stock
2011-02-25−309,646→ 0 total
Holdings
- 1,522(indirect: Hampstead Associates L.L.C.)
Common Stock
- 4,665,083(indirect: By LLC)
Common Stock
- 4,374(indirect: By LLC)
Common Stock
Footnotes (4)
- [F1]On February 22, 2011, 309,646 shares of common stock of the Issuer previously held indirectly through Learning Group Partners were distributed to Michael R. Milken as part of a pro rata distribution of shares of the Issuer to the partners of Learning Group Partners.
- [F2]The shares of common stock of the Issuer listed on Table I of this Form 4 are held of record by each of Hampstead Associates, L.L.C. ("Hampstead"), Learning Group LLC ("Learning Group"), and Knowledge Universe Learning Group LLC ("KULG"). Knowledge Universe LLC ("KU") is the manager and a member of Hampstead, and in such capacities may be deemed to have the power to direct the voting and disposition of, and to share beneficial ownership of, any securities owned of record by Hampstead. KULG may also be deemed a controlling person of Learning Group, and in such capacity may be deemed to have the power to direct the voting and disposition of, and to share beneficial ownership of, any securities owned of record by Learning Group.
- [F3]Michael R. Milken may be deemed to be a controlling person of each of Hampstead, Learning Group, KU and KULG and in such capacities may be deemed to have the power to direct the voting and disposition of, and to share beneficial ownership of, any securities owned of record, or beneficially owned, by each of Hampstead, Learning Group, KU and KULG, but disclaims such beneficial ownership except to the extent of his pecuniary interest therein.
- [F4]The Reporting Person may be deemed to be a group with Lowell J. Milken and entities which are controlled, directly or indirectly, by Lowell J. Milken. The Reporting Person disclaims such group membership. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, or otherwise, the Reporting Person is the beneficial owner of equity securities covered by this statement or any other statement that are beneficially owned, directly or indirectly, by any other person.