4//SEC Filing
ROYAL KEVIN 4
Accession 0001567619-21-011583
CIK 0001305323other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 9:24 PM ET
Size
11.2 KB
Accession
0001567619-21-011583
Insider Transaction Report
Form 4
Zovio IncZVO
ROYAL KEVIN
EVP, Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2021-05-31$2.35/sh−3,465$8,143→ 103,376 total - Exercise/Conversion
Restricted Stock Unit
2021-05-31−10,020→ 10,020 total→ Common Stock (10,020 underlying) - Exercise/Conversion
Common Stock
2021-05-31+10,020→ 106,841 total - Award
Restricted Stock Unit
2021-05-31+61,000→ 61,000 total→ Common Stock (61,000 underlying)
Footnotes (4)
- [F1]On May 31, 2021, 10,020 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 May 31, 2018.
- [F4]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, 2021.
Documents
Issuer
Zovio Inc
CIK 0001305323
Entity typeother
Related Parties
1- filerCIK 0001185726
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 9:24 PM ET
- Size
- 11.2 KB