4//SEC Filing
Burkholder Steve 4
Accession 0001567619-21-007323
CIK 0001305323other
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 7:24 PM ET
Size
16.3 KB
Accession
0001567619-21-007323
Insider Transaction Report
Form 4
Zovio IncZVO
Burkholder Steve
VP, Chief Accounting Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2021-03-29−1,855→ 1,855 total→ Common Stock (1,855 underlying) - Exercise/Conversion
Restricted Stock Unit
2021-03-29−2,133→ 4,264 total→ Common Stock (2,133 underlying) - Exercise/Conversion
Restricted Stock Unit
2021-03-29−3,134→ 6,266 total→ Common Stock (3,134 underlying) - Exercise/Conversion
Common Stock
2021-03-29+7,714→ 8,172 total - Tax Payment
Common Stock
2021-03-29$4.25/sh−2,733$11,615→ 5,439 total - Exercise/Conversion
Restricted Stock Unit
2021-03-29−592→ 0 total→ Common Stock (592 underlying)
Footnotes (6)
- [F1]On March 29, 2021, 7,714 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 0001708343
Filing Metadata
- Form type
- 4
- Filed
- Mar 30, 8:00 PM ET
- Accepted
- Mar 31, 7:24 PM ET
- Size
- 16.3 KB