4//SEC Filing
Malik Anurag 4
Accession 0001567619-20-007321
CIK 0001305323other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 6:04 PM ET
Size
14.1 KB
Accession
0001567619-20-007321
Insider Transaction Report
Form 4
Zovio IncZVO
Malik Anurag
SVP, Chief Information Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2020-03-30−2,207→ 2,207 total→ Common Stock (2,207 underlying) - Exercise/Conversion
Restricted Stock Unit
2020-03-30−5,170→ 10,340 total→ Common Stock (5,170 underlying) - Exercise/Conversion
Common Stock
2020-03-30+13,815→ 46,588 total - Tax Payment
Common Stock
2020-03-30$1.50/sh−5,649$8,474→ 40,939 total - Exercise/Conversion
Restricted Stock Unit
2020-03-30−6,438→ 19,312 total→ Common Stock (6,438 underlying)
Footnotes (5)
- [F1]On March 29, 2020, 13,815 of the reporting person's restricted stock units vested. 13,815 of the reporting person's restricted stock units were settled for an equal number of shares of the issuer's common stock on March 30, 2020, the first business day following the closing price of the issuer's common stock on March 27, 2020, which was the settlement price used to calculate the shares withheld.
- [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, 2017.
- [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, 2018.
- [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, 2019.
Documents
Issuer
Zovio Inc
CIK 0001305323
Entity typeother
Related Parties
1- filerCIK 0001683093
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 6:04 PM ET
- Size
- 14.1 KB