Brown Marc 4
4 · Zovio Inc · Filed Apr 2, 2019
Insider Transaction Report
Form 4
Zovio IncBPI
Brown Marc
SVP, Chief HR Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2019-03-29−2,005→ 0 total→ Common Stock (2,005 underlying) - Tax Payment
Common Stock
2019-03-29$6.11/sh−3,608$22,045→ 20,357 total - Exercise/Conversion
Restricted Stock Unit
2019-03-29−1,872→ 1,872 total→ Common Stock (1,872 underlying) - Exercise/Conversion
Common Stock
2019-03-29+10,425→ 23,965 total - Award
Restricted Stock Unit
2019-03-29+27,170→ 27,170 total→ Common Stock (27,170 underlying) - Exercise/Conversion
Restricted Stock Unit
2019-03-29−1,900→ 3,800 total→ Common Stock (1,900 underlying) - Exercise/Conversion
Restricted Stock Unit
2019-03-29−4,648→ 13,942 total→ Common Stock (4,648 underlying)
Footnotes (7)
- [F1]On March 29, 2019, 10,425 of the reporting person's restricted stock units were settled for an equal number of shares of the issuer's common stock.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F3]Subject to the reporting person's continuing service, the restricted stock units vest as follows: (i) 25% of the restricted stock units vest on the first anniversary of the vesting commencement date, and (ii) an additional 25% of the restricted stock units shall vest on each subsequent anniversary of the vesting commencement date. The vesting commencement date for the restricted stock units is March 29, 2019.
- [F4]Subject to the reporting person's continuing service, the restricted stock units vest as follows: (i) 25% of the restricted stock units vest on the first anniversary of the vesting commencement date, and (ii) an additional 25% of the restricted stock units shall vest on each subsequent anniversary of the vesting commencement date. The vesting commencement date for the restricted stock units is March 29, 2015.
- [F5]Subject to the reporting person's continuing service, the restricted stock units vest as follows: (i) 25% of the restricted stock units vest on the first anniversary of the vesting commencement date, and (ii) an additional 25% of the restricted stock units shall vest on each subsequent anniversary of the vesting commencement date. The vesting commencement date for the restricted stock units is March 29, 2016.
- [F6]Subject to the reporting person's continuing service, the restricted stock units vest as follows: (i) 25% of the restricted stock units vest on the first anniversary of the vesting commencement date, and (ii) an additional 25% of the restricted stock units shall vest on each subsequent anniversary of the vesting commencement date. The vesting commencement date for the restricted stock units is March 29, 2017.
- [F7]Subject to the reporting person's continuing service, the restricted stock units vest as follows: (i) 25% of the restricted stock units vest on the first anniversary of the vesting commencement date, and (ii) an additional 25% of the restricted stock units shall vest on each subsequent anniversary of the vesting commencement date. The vesting commencement date for the restricted stock units is March 29, 2018.