4//SEC Filing
Thompson Diane Louise 4
Accession 0001567619-21-007320
CIK 0001305323other
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 7:18 PM ET
Size
16.3 KB
Accession
0001567619-21-007320
Insider Transaction Report
Form 4
Zovio IncZVO
Thompson Diane Louise
SVP,General Counsel & Secy
Transactions
- Exercise/Conversion
Restricted Stock Unit
2021-03-29−11,137→ 22,273 total→ Common Stock (11,137 underlying) - Exercise/Conversion
Common Stock
2021-03-29+28,364→ 131,408 total - Exercise/Conversion
Restricted Stock Unit
2021-03-29−7,578→ 15,154 total→ Common Stock (7,578 underlying) - Tax Payment
Common Stock
2021-03-29$4.25/sh−9,810$41,693→ 121,598 total - Exercise/Conversion
Restricted Stock Unit
2021-03-29−2,877→ 0 total→ Common Stock (2,877 underlying) - Exercise/Conversion
Restricted Stock Unit
2021-03-29−6,772→ 6,772 total→ Common Stock (6,772 underlying)
Footnotes (6)
- [F1]On March 29, 2021, 28,364 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, 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.
- [F6]Subject to the reporting person's continuing service, the restricted stock units vest as follows: (i) 1/3rd of the restricted stock units vest on the first anniversary of the vesting commencement date, and (ii) an additional 1/3rd 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, 2020.
Documents
Issuer
Zovio Inc
CIK 0001305323
Entity typeother
Related Parties
1- filerCIK 0001366718
Filing Metadata
- Form type
- 4
- Filed
- Mar 30, 8:00 PM ET
- Accepted
- Mar 31, 7:18 PM ET
- Size
- 16.3 KB