Filing Details

Accession Number:
0001209191-11-040949
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-07-26 16:35:32
Reporting Period:
2011-07-22
Filing Date:
2011-07-26
Accepted Time:
2011-07-26 16:35:32
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
1420966 J Bruce Davis 2300 Corporate Park Drive
Herndon VA 20171
Evp Of Worldwide Bus. Dev. 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 2011-07-22 8,600 $9.18 22,335 No 4 M Direct
Common Stock Disposition 2011-07-22 8,600 $34.77 13,735 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 2011-07-22 8,600 $0.00 8,600 $9.18
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
39,439 2015-02-01 No 4 M Direct
Footnotes
  1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 30, 2011.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.75 to $34.79, 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.
  3. Shares vest 25% on the one-year anniversary of the grant date (February 1, 2007) and the remaining 75% vest quarterly for the following three years.