Hughes George B Jr 4

4 · K12 INC · Filed May 26, 2011

Form 4

Period: 2011-05-24

EVP of School Services

Transactions

Exercise/Conversion
Common Stock
2011-05-24$13.66/sh+24,143$329,793→ 38,394 total
Sale
Common Stock
2011-05-24$33.39/sh−25,000$834,750→ 14,251 total
Sale
Common Stock
2011-05-26$33.45/sh−2,497$83,525→ 12,634 total
Exercise/Conversion
Employee Stock Option (right to buy)
2011-05-24−857→ 23,205 total
Exercise: $23.45Exp: 2016-08-21→ Common Stock (857 underlying)
Exercise/Conversion
Common Stock
2011-05-26$17.46/sh+880$15,365→ 15,131 total
Exercise/Conversion
Employee Stock Option (right to buy)
2011-05-25−12,267→ 10,938 total
Exercise: $23.45Exp: 2016-08-21→ Common Stock (12,267 underlying)
Exercise/Conversion
Common Stock
2011-05-24$23.45/sh+857$20,097→ 39,251 total
Sale
Common Stock
2011-05-25$33.22/sh−25,000$830,500→ 14,251 total
Exercise/Conversion
Employee Stock Option (right to buy)
2011-05-24−24,143→ 4,902 total
Exercise: $13.66Exp: 2015-07-03→ Common Stock (24,143 underlying)
Exercise/Conversion
Common Stock
2011-05-25$23.45/sh+12,267$287,661→ 26,518 total
Exercise/Conversion
Employee Stock Option (right to buy)
2011-05-25−12,733→ 21,299 total
Exercise: $17.46Exp: 2017-07-13→ Common Stock (12,733 underlying)
Exercise/Conversion
Employee Stock Option (right to buy)
2011-05-26−880→ 20,419 total
Exercise: $17.46Exp: 2017-07-13→ Common Stock (880 underlying)
Exercise/Conversion
Common Stock
2011-05-25$17.46/sh+12,733$222,318→ 39,251 total

Footnotes (5)

[F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.31 to $33.48, 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.93 to $33.52, 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]Shares vest 25% on the one year-anniversary of the grant date (07/03/2007) and the remaining 75% vest quarterly for the following three years.
[F4]Shares vest 25% on the one year-anniversary of the grant date (08/21/2008) and the remaining 75% vest quarterly for the following three years.
[F5]Shares vest 25% on the one year-anniversary of the grant date (07/13/2009) and the remaining 75% vest quarterly for the following three years.

Documents

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