4//SEC Filing
Spohn Christopher L. 4
Accession 0001567619-21-008973
CIK 0001305323other
Filed
May 3, 8:00 PM ET
Accepted
May 4, 4:15 PM ET
Size
8.9 KB
Accession
0001567619-21-008973
Insider Transaction Report
Form 4
Zovio IncZVO
Spohn Christopher L.
SVP & Chief Admissions Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2021-04-30−27,473→ 82,417 total→ Common Stock (27,473 underlying) - Tax Payment
Common Stock
2021-04-30$3.71/sh−6,910$25,636→ 36,130 total - Exercise/Conversion
Common Stock
2021-04-30+27,473→ 43,040 total
Footnotes (3)
- [F1]On April 30, 2021, 27,473 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 April 30, 2020.
Documents
Issuer
Zovio Inc
CIK 0001305323
Entity typeother
Related Parties
1- filerCIK 0001453849
Filing Metadata
- Form type
- 4
- Filed
- May 3, 8:00 PM ET
- Accepted
- May 4, 4:15 PM ET
- Size
- 8.9 KB