Pernsteiner George P. 4
4 · Zovio Inc · Filed Apr 8, 2022
Insider Transaction Report
Form 4
Zovio IncZVO
Pernsteiner George P.
Director
Transactions
- Exercise/Conversion
Common Stock
2022-04-07+20,450→ 92,159 total - Exercise/Conversion
Restricted Stock Unit
2022-04-07−20,450→ 0 total→ Common Stock (20,450 underlying)
Footnotes (3)
- [F1]On April 7, 2022, 20,450 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: one hundred percent (100%) of the restricted stock units shall vest on the one (1) year anniversary of April 7, 2021.