Form 4 for LRN Stride, Inc.
Accepted 2023-03-28 00:00:00 ET · period of report 2023-03-27 · accession 0001415889-23-005498 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-28 | 2023-03-27 | LRN | SMITH RALPH R | Dir | A - Grant | $0.00 | +884 | 884 | New | $0 |
| D | 2023-03-28 | 2023-03-27 | LRN | SMITH RALPH R | Dir | A - Grant | $0.00 | +2,651 | 2,651 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-27 | A | A | 884 | $0.00 | 884 | D | — | — | (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. |
| 2 | Derivative | Deferred Stock Unit | 2023-03-27 | A | A | 2,651 | $0.00 | 2,651 | D | — · — to — | 2,651 Common Stock | (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. |