4//SEC Filing
McCarty Thomas 4
Accession 0001567619-21-007326
CIK 0001305323other
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 7:32 PM ET
Size
16.3 KB
Accession
0001567619-21-007326
Insider Transaction Report
Form 4
Zovio IncZVO
McCarty Thomas
SVP/Chief Marketing Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2021-03-29−11,630→ 23,260 total→ Common Stock (11,630 underlying) - Exercise/Conversion
Restricted Stock Unit
2021-03-29−17,090→ 34,180 total→ Common Stock (17,090 underlying) - Tax Payment
Common Stock
2021-03-29$4.25/sh−9,915$42,139→ 61,075 total - Exercise/Conversion
Restricted Stock Unit
2021-03-29−2,365→ 0 total→ Common Stock (2,365 underlying) - Exercise/Conversion
Restricted Stock Unit
2021-03-29−5,565→ 5,565 total→ Common Stock (5,565 underlying) - Exercise/Conversion
Common Stock
2021-03-29+36,650→ 70,990 total
Footnotes (6)
- [F1]On March 29, 2021, 36,650 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 0001695204
Filing Metadata
- Form type
- 4
- Filed
- Mar 30, 8:00 PM ET
- Accepted
- Mar 31, 7:32 PM ET
- Size
- 16.3 KB