Filing Details
- Accession Number:
- 0001209191-10-050527
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-10-15 17:04:41
- Reporting Period:
- 2010-10-13
- Filing Date:
- 2010-10-15
- Accepted Time:
- 2010-10-15 17:04:41
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1157408 | K12 Inc | LRN | Services-Educational Services (8200) | 954774688 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1420478 | J Ronald Packard | 2300 Corporate Park Drive Herndon VA 20171 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2010-10-13 | 22,000 | $7.65 | 206,421 | No | 4 | M | Direct | |
Common Stock | Disposition | 2010-10-13 | 22,000 | $27.71 | 184,421 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (right to buy) | Disposition | 2010-10-13 | 22,000 | $0.00 | 22,000 | $7.65 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
86,932 | 2012-12-31 | No | 4 | M | Direct |
Footnotes
- The sale reported in this transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 16, 2009, as amended.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.10 to $28.65, 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.
- Vesting of the option is based on performance criteria including the EBITDA contribution per new jurisdiction.