K12 Inc. (NYSE:LRN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

Departure of Director

On January4, 2017, Ms.Fredda J. Cassell, a member of the Board of
Directors (the Board) of K12 Inc. (the Company), notified the
Secretary of the Company by electronic transmission as permitted
by ArticleIV, Section5 of the Companys By-laws, informing him of
her resignation and that Ms.Cassell had no disagreements with the
Company related thereto. A copy of her notice is attached hereto
as Exhibit99.1.

Election of Director

On January5, 2017 (the Effective Date), Kevin P. Chavous was
appointed to the Board of the Company to fill a vacancy. There
are no arrangements or understandings between Mr.Chavous and any
other person to which Mr.Chavous was appointed a Director of the
Company. Mr.Chavous will serve as a director of the Company until
the next annual meeting of stockholders of the Company and until
his successor is elected and qualified or until his death,
retirement, resignation or removal.

Mr.Chavous, age 60, is an author, attorney and national education
reform leader. He previously served as a member of the Council of
the District of Columbia and Chair of the Councils Education
Committee. Additionally, Mr.Chavous is the founder and Board
Chair Emeritus for Democrats for Education Reform and was
previously a senior partner at SNR Denton, LLP, a multinational
law firm.

Mr.Chavous will be compensated in accordance with the Companys
non-employee director compensation policy in effect from time to
time. Based on the Companys current policy, Mr.Chavous will
receive an annual award of restricted stock equivalent to
$100,000 (prorated for the period between the Effective Date and
December31, 2017, based on the number of days in such period
divided by 365). Mr.Chavous will also receive, on a prorated
basis, an annual cash retainer of $60,000, paid in quarterly
installments at the end of each quarter.

On January10, 2017, the Company issued a press release announcing
the appointment of Mr.Chavous to the Board of Directors of the
Company. A copy of this press release is filed as Exhibit99.2 to
this current report.

About K12 Inc. (NYSE:LRN)

K12 Inc. (K12) is a technology-based education company. The Company offers curriculum, software systems and educational services designed to facilitate individualized learning for students in kindergarten through 12th grade (K-12). It provides a continuum of technology-based educational products and solutions to public school districts, public schools, virtual charter schools, private schools and families. The Company offers a set of products and services primarily to three lines of business, which include Managed Public School Programs, which consists of virtual and blended schools; Institutional business, which includes educational products and services sold to school districts, public schools and other educational institutions, and Private Pay Schools and Other, which includes private schools, including international, for which it charges student tuition and direct consumer sales. It sells individual online courses and supplemental educational products directly to families.

K12 Inc. (NYSE:LRN) Recent Trading Information

K12 Inc. (NYSE:LRN) closed its last trading session up +0.19 at 17.53 with 129,433 shares trading hands.