4//SEC Filing
Clark Andrew S. 4
Accession 0001567619-20-007957
CIK 0001305323other
Filed
Apr 13, 8:00 PM ET
Accepted
Apr 14, 5:51 PM ET
Size
9.8 KB
Accession
0001567619-20-007957
Insider Transaction Report
Form 4
Zovio IncBPI
Clark Andrew S.
DirectorCEO and President
Transactions
- Tax Payment
Common Stock
2020-04-13$1.55/sh−23,849$36,966→ 515,220 total - Exercise/Conversion
Restricted Stock Unit
2020-04-13−80,980→ 0 total→ Common Stock (80,980 underlying) - Exercise/Conversion
Common Stock
2020-04-13+80,980→ 539,069 total
Holdings
- 513,444(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]On April 11, 2020, 80,980 of the reporting person's restricted stock units vested. 80,980 of the reporting person's restricted stock units were settled for an equal number of shares of the issuer's common stock on April 13, 2020, the first business day following the closing price of the issuer's common stock on April 9, 2020, which was the settlement price used to calculate the shares withheld.
- [F2]Shares held indirectly by the reporting person in the name of the Clark Family Trust, dated July 8, 1998, of which the reporting person is a trustee and in which the reporting person has a pecuniary interest.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F4]Subject to the reporting person's continuing service, the restricted stock units vest as follows: 100% of the restricted stock units vest on April 11, 2020.
Documents
Issuer
Zovio Inc
CIK 0001305323
Entity typeother
Related Parties
1- filerCIK 0001453872
Filing Metadata
- Form type
- 4
- Filed
- Apr 13, 8:00 PM ET
- Accepted
- Apr 14, 5:51 PM ET
- Size
- 9.8 KB