4//SEC Filing
Semel John 4
Accession 0001567619-22-007806
CIK 0001305323other
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 8:41 PM ET
Size
16.3 KB
Accession
0001567619-22-007806
Insider Transaction Report
Form 4
Zovio IncZVO
Semel John
EVP, Chief Strategy Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2022-03-29−13,333→ 13,333 total→ Common Stock (13,333 underlying) - Award
Restricted Stock Unit
2022-03-29+40,000→ 40,000 total→ Common Stock (40,000 underlying) - Tax Payment
Common Stock
2022-03-29$0.84/sh−13,728$11,504→ 39,206 total - Exercise/Conversion
Common Stock
2022-03-29+33,989→ 52,934 total - Exercise/Conversion
Restricted Stock Unit
2022-03-29−9,072→ 9,072 total→ Common Stock (9,072 underlying) - Exercise/Conversion
Restricted Stock
2022-03-29−11,584→ 23,166 total→ Common Stock (11,584 underlying)
Footnotes (6)
- [F1]On March 29, 2022, 33,989 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, 2019.
- [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, 2020.
- [F5]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.
- [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, 2022.
Documents
Issuer
Zovio Inc
CIK 0001305323
Entity typeother
Related Parties
1- filerCIK 0001455482
Filing Metadata
- Form type
- 4
- Filed
- Mar 30, 8:00 PM ET
- Accepted
- Mar 31, 8:41 PM ET
- Size
- 16.3 KB