Moon Robert 4
4 · K12 INC · Filed May 13, 2011
Insider Transaction Report
Form 4
K12 INCLRN
Moon Robert
SVP, Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
2011-05-13$23.59/sh+10,000$235,900→ 21,927 total - Sale
Common Stock
2011-05-13$36.89/sh−10,127$373,585→ 11,800 total - Exercise/Conversion
Employee Stock Option (right to buy)
2011-05-13−10,000→ 30,000 totalExercise: $23.59Exp: 2018-03-22→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.83 to $37.02, 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.
- [F2]Shares vest 25% on the one-year anniversary of the vesting commencement date (3/22/2010) and the remaining 75% vest on quarterly for the following three years.