Form Type: 4

SEC EDGAR Link
Accession Number:0001179110-21-009314
Date:2021-10-06
Issuer: STRIDE, INC. (LRN)
Original Submission Date:

Reporting Person:

RHYU JAMES JEAHO
2300 CORPORATE PARK DRIVE
HERNDON, VA 20171

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-10-06 M 350,167 a $0.00 685,517 direct
COMMON STOCK 2021-10-06 F 157,927 d $36.49 527,590 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK RIGHT 0.0 2021-10-06 deemed execution date M 350,167 (d) common stock 350,167 $0.00 0 direct
Footnotes
IDfootnote
f1 each restricted stock right represents a contingent right to receive one share of the issuer's common stock. in accordance with the terms of the award granted on september 18, 2018, the restricted stock rights vested upon the issuer's common stock achieving certain per share price targets based on the average 30-calendar day closing stock price subsequent to seven days after the fy 2021 year end earnings release and certification by the issuer's board of directors of the same.
f2 represents the number of shares withheld by the issuer 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 stride common stock on the most recent prior market day.
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