Ottolenghi Les 4
4 · Stride, Inc. · Filed Sep 8, 2022
Insider Transaction Report
Form 4
Stride, Inc.LRN
Ottolenghi Les
CHIEF INFO. & TECH. OFFICER
Transactions
- Award
Common Stock
2022-09-06+13,900→ 69,934 total - Award
Restricted Stock Right
2022-09-06+5,213→ 5,213 totalExp: 2025-09-15→ Common Stock (5,213 underlying)
Footnotes (2)
- [F1]These shares are restricted and vest semi-annually, with 20% vesting in the first year and 40% vesting in each of the next two years following the grant date.
- [F2]Represents an award of restricted stock rights, each of which represents a contingent right to receive one share of the Company's common stock. The restricted stock rights will vest based on the achievement of certain compound annual growth rates in the price of the Company's common stock between the award date and September 15, 2025, subject to earlier vesting in certain circumstances described in the applicable award agreement. The amount reported herein represents the threshold amount under the award.