Filing Details

Accession Number:
0001179110-20-009006
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-08-13 17:58:53
Reporting Period:
2020-08-10
Accepted Time:
2020-08-13 17:58:53
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
1443328 Jeaho James Rhyu 2300 Corporate Park Drive
Herndon VA 20171
Pres - Corp Strat, Mktg & Tech No 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 2020-08-10 13,069 $0.00 265,834 No 4 A Direct
Common Stock Disposition 2020-08-10 5,895 $48.00 259,939 No 4 F Direct
Common Stock Disposition 2020-08-12 13,738 $47.80 246,201 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 S Direct
Footnotes
  1. Acquisition is connection with the August 15, 2019 award and achievement of performance objectives.
  2. Represents the number of shares withheld by the Company upon the vesting of restricted shares to cover the executive's withholding tax associated with the satisfaction of all vesting conditions. The number of shares withheld is based upon the closing price of a share of K12 common stock on the vesting date, or if the vesting date fell on a weekend or market holiday, upon the closing price of a share of K12 common stock on the most recent prior market day.
  3. The sales reported in these transactions were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on May 5, 2020.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.04 to $50.16, 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 range set forth in this footnote.