Huberman Ron 4
4 · Zovio Inc · Filed Jun 2, 2022
Insider Transaction Report
Form 4
Zovio IncZVO
Huberman Ron
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2022-05-31−3,120→ 9,360 total→ Common Stock (3,120 underlying) - Exercise/Conversion
Restricted Stock Unit
2022-05-31−4,723→ 14,167 total→ Common Stock (4,723 underlying) - Exercise/Conversion
Common Stock
2022-05-31+7,843→ 7,843 total
Footnotes (3)
- [F1]On May 31, 2022, 7,843 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, 2021.