February 12 2010 SG-13A DOC

Note: PDF provided as a courtesy

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

_____________

SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)

K12 Inc.
_____________________________________________________________________________________________________
(Name of Issuer)

 

Common Stock, $0.0001 par value
_____________________________________________________________________________________________________
(Title of Class of Securities)

 

48273U102
__________________________________________________________________________
(CUSIP Number)

 

December 31, 2009
__________________________________________________________________________
(Date of Event which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

 

 

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP No.   48273U102

1.

Names of Reporting Persons

Mollusk Holdings, LLC

2.

Check the appropriate box if a member of a group

(a) ¨
(b) ¨

3.

SEC use only

4.

Citizenship or place of organization

California



NUMBER OF

5.

Sole voting power

0

SHARES
BENEFICIALLY
OWNED BY

6.

Shared voting power

0

EACH
REPORTING
PERSON

7.

Sole dispositive power

0

WITH

 

8.

Shared dispositive power

0

9.

Aggregate amount beneficially owned by each reporting person

0

10.

Check box if the aggregate amount in row (9) excludes certain shares ¨

11.

Percent of class represented by amount in row (9)

0.0%

12.

Type of Reporting Person

OO (Limited Liability Company)

(Page 2 of 8 Pages)


CUSIP No.   48273U102

1.

Names of Reporting Persons

Cephalopod Corporation

2.

Check the appropriate box if a member of a group

(a) ¨
(b) ¨

3.

SEC use only

4.

Citizenship or place of organization

California



NUMBER OF

5.

Sole voting power

0

SHARES
BENEFICIALLY
OWNED BY

6.

Shared voting power

0

EACH
REPORTING
PERSON

7.

Sole dispositive power

0

WITH

 

8.

Shared dispositive power

0

9.

Aggregate amount beneficially owned by each reporting person

0

10.

Check box if the aggregate amount in row (9) excludes certain shares ¨

11.

Percent of class represented by amount in row (9)

0.0%

12.

Type of Reporting Person

CO

(Page 3 of 8 Pages)


CUSIP No.   48273U102

1.

Names of Reporting Persons

Lawrence Investments, LLC

2.

Check the appropriate box if a member of a group

(a) ¨
(b) ¨

3.

SEC use only

4.

Citizenship or place of organization

California



NUMBER OF

5.

Sole voting power

0

SHARES
BENEFICIALLY
OWNED BY

6.

Shared voting power

0

EACH
REPORTING
PERSON

7.

Sole dispositive power

0

WITH

 

8.

Shared dispositive power

0

9.

Aggregate amount beneficially owned by each reporting person

0

10.

Check box if the aggregate amount in row (9) excludes certain shares ¨

11.

Percent of class represented by amount in row (9)

0.0%

12.

Type of Reporting Person

OO (Limited Liability Company)

(Page 4 of 8 Pages)


CUSIP No.   48273U102

1.

Names of Reporting Persons

Lawrence J. Ellison

2.

Check the appropriate box if a member of a group (a) ¨

(b) ¨

3.

SEC use only

4.

Citizenship or place of organization

U.S.A.



NUMBER OF

5.

Sole voting power

0

SHARES
BENEFICIALLY
OWNED BY

6.

Shared voting power

0

EACH
REPORTING
PERSON

7.

Sole dispositive power

0

WITH

 

8.

Shared dispositive power

0

9.

Aggregate amount beneficially owned by each reporting person

0

10.

Check box if the aggregate amount in row (9) excludes certain shares ¨

11.

Percent of class represented by amount in row (9)

0.0%

12.

Type of Reporting Person

IN

(Page 5 of 8 Pages)


Introductory note: This Amendment No. 2 to Schedule 13G (this "Amendment No. 2") is being filed by the undersigned Reporting Persons pursuant to Rule 13d-2(b) of the Rules and Regulations promulgated under the Securities and Exchange Act of 1934, as amended, to amend and supplement the statement on Schedule 13G as originally filed by the Reporting Persons on February 14, 2008, as subsequently amended by Amendment No. 1 to the Schedule 13G filed on February 18, 2009 (as amended, the "Schedule 13G"), to report that the Reporting Persons have ceased to own more than five percent of the class of securities. This Schedule 13G relates to the common stock of K12 Inc., a Delaware corporation (the "Company" or the "Issuer"). Capitalized terms used in this Amendment No. 2 and not otherwise defined herein have the meanings set forth in the Schedule 13G. The information set forth in response to each separate Item shall be deemed to be a response to all Items where such information is relevant.

Item 4. Ownership.

(a) Amount beneficially owned:

Mollusk, Cephalopod, Lawrence Investments, Lawrence J. Ellison: 0

(b) Percent of class:

Mollusk, Cephalopod, Lawrence Investments, Lawrence J. Ellison: 0.0%

(c) Number of shares as to which such person has:

(i) Sole power to vote or to direct the vote:

Mollusk, Cephalopod, Lawrence Investments, Lawrence J. Ellison: 0

(ii) Shared power to vote or to direct the vote:

n/a

(iii) Sole power to dispose or to direct the disposition of:

Mollusk, Cephalopod, Lawrence Investments, Lawrence J. Ellison: 0

(iv) shared power to dispose or to direct the disposition of:

n/a

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ý.

(Page 6 of 8 Pages)


Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 12, 2010

 

Mollusk Holdings, LLC

By: Cephalopod Corporation, Member

By: /s/ Philip B. Simon
Name: Philip B. Simon
Its: President

 

 

Cephalopod Corporation

By: /s/ Philip B. Simon
Name: Philip B. Simon
Its: President

 

 

Lawrence Investments, LLC

By: /s/ Philip B. Simon
Name: Philip B. Simon
Its: Member

 

Lawrence J. Ellison

/s/ Philip B. Simon
by Philip B. Simon, his attorney in fact

 

 

 

(Page 7 of 8 Pages)


EXHIBITS

99.1

Joint Filing Agreement (incorporated by reference to Exhibit 99.1 to the Schedule 13G filed by Mollusk, Cephalopod, Lawrence Investments and Lawrence J. Ellison in regard to K12 Inc. on February 14, 2008).

99.2

Limited Power of Attorney of Lawrence J. Ellison for Filings with the Securities and Exchange Commission (incorporated by reference to Exhibit 99.2 to the Schedule 13G filed by Mollusk, Cephalopod, Lawrence Investments and Lawrence J. Ellison in regard to Leapfrog Enterprises, Inc. on February 14, 2006).

 

 

(Page 8 of 8 Pages)