Kiely John 4
4 · Zovio Inc · Filed Sep 2, 2022
Insider Transaction Report
Form 4
Zovio IncZVO
Kiely John
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-08-31+8,855→ 8,855 total→ Common Stock (8,855 underlying) - Exercise/Conversion
Common Stock
2022-08-31+8,855→ 71,865 total
Footnotes (2)
- [F1]Each RSU represents a contingent right to receive one share of Zovio, Inc. Common Stock.
- [F2]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 August 31, 2019.