Thompson Diane Louise 4
4 · Zovio Inc · Filed Jun 2, 2021
Insider Transaction Report
Form 4
Zovio IncZVO
Thompson Diane Louise
EVP, Office of the CEO
Transactions
- Award
Restricted Stock Unit
[F1][F2]2021-05-31+29,020→ 29,020 total→ Common Stock (29,020 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F2]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.
Signature
/s/ Diane L. Thompson|2021-06-02