SMITH RALPH R 4
4 · Stride, Inc. · Filed Mar 28, 2023
Insider Transaction Report
Form 4
Stride, Inc.LRN
SMITH RALPH R
Director
Transactions
- Award
Common Stock
2023-03-27+884→ 884 total - Award
Deferred Stock Unit
2023-03-27+2,651→ 2,651 total→ Common Stock (2,651 underlying)
Footnotes (3)
- [F1]These shares are restricted and will vest on the earlier of (a) March 27, 2024, or (b) the next annual meeting of the stockholders of Stride, Inc.
- [F2]Represents Deferred Stock Units ("DSUs") under the Stride, Inc. Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share of common stock of Stride, Inc. Vested DSUs become payable upon the reporting person's termination of service as a Director. Any fractional shares will be paid in cash upon settlement.
- [F3]The DSUs will vest on the earlier of (a) March 27, 2024 or (b) the next annual meeting of the stockholders of Stride, Inc.