Brown Marc 4
4 · Zovio Inc · Filed Jun 2, 2021
Insider Transaction Report
Form 4
Zovio IncZVO
Brown Marc
SVP, Chief HR Officer
Transactions
- Award
Restricted Stock Unit
2021-05-31+27,100→ 27,100 total→ Common Stock (27,100 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.