Olsen John Patrick 4
4 · K12 INC · Filed May 17, 2011
Insider Transaction Report
Form 4
K12 INCLRN
Olsen John Patrick
EVP of Operations
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2011-05-16−6,896→ 0 totalExercise: $6.83Exp: 2012-05-07→ Common Stock (6,896 underlying) - Sale
Common Stock
2011-05-16$35.55/sh−10,817$384,544→ 12,659 total - Exercise/Conversion
Employee Stock Option (right to buy)
2011-05-16−3,921→ 0 totalExercise: $6.83Exp: 2012-12-01→ Common Stock (3,921 underlying) - Exercise/Conversion
Common Stock
2011-05-16$6.83/sh+3,921$26,780→ 16,580 total - Exercise/Conversion
Common Stock
2011-05-16$6.83/sh+6,896$47,100→ 23,476 total
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.40 to $35.77, 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 vested 25% on the one-year anniversary of the vesting commencement date (12/17/2004) and the remaining 75% vested quarterly for the following three years.
- [F3]Shares vested 25% on the one-year anniversary of the vesting commencement date (5/7/2004) and the remaining 75% vested quarterly for the following three years.