Davis Bruce J 4

4 · K12 INC · Filed Oct 28, 2011

Form 4

Period: 2011-10-26

EVP of Worldwide Bus. Dev.

Transactions

Exercise/Conversion
Employee Stock Option (right to buy)
2011-10-27−3,291→ 0 total
Exercise: $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 total
Exercise: $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

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