4//SEC Filing
Davis Bruce J 4
Accession 0001209191-11-053131
CIK 0001157408other
Filed
Oct 27, 8:00 PM ET
Accepted
Oct 28, 4:05 PM ET
Size
14.9 KB
Accession
0001209191-11-053131
Insider Transaction Report
Form 4
K12 INCLRN
Davis Bruce J
EVP of Worldwide Bus. Dev.
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2011-10-27−3,291→ 0 totalExercise: $9.18Exp: 2015-02-01→ Common Stock (3,291 underlying) - Sale
Common Stock
2011-10-27$35.80/sh−3,291$117,818→ 26,265 total - Exercise/Conversion
Employee Stock Option (right to buy)
2011-10-26−34,000→ 3,291 totalExercise: $9.18Exp: 2015-02-01→ Common Stock (34,000 underlying) - Sale
Common Stock
2011-10-26$34.90/sh−34,000$1,186,600→ 26,265 total - Exercise/Conversion
Common Stock
2011-10-26$9.18/sh+34,000$312,120→ 60,265 total - Exercise/Conversion
Common Stock
2011-10-27$9.18/sh+3,291$30,211→ 29,556 total
Footnotes (4)
- [F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 30, 2011.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.75 to $35.06, 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 $35.57 to $35.99, 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]Shares vest 25% on the one-year anniversary of the recipient's start date (February 1, 2007) and the remaining 75% vest quarterly for the following three years.
Documents
Issuer
K12 INC
CIK 0001157408
Entity typeother
Related Parties
1- filerCIK 0001420966
Filing Metadata
- Form type
- 4
- Filed
- Oct 27, 8:00 PM ET
- Accepted
- Oct 28, 4:05 PM ET
- Size
- 14.9 KB