0001567619-20-010223.txt : 20200514 0001567619-20-010223.hdr.sgml : 20200514 20200514213453 ACCESSION NUMBER: 0001567619-20-010223 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200512 FILED AS OF DATE: 20200514 DATE AS OF CHANGE: 20200514 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: COLE MICHAEL P CENTRAL INDEX KEY: 0001246230 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34272 FILM NUMBER: 20880240 MAIL ADDRESS: STREET 1: 1165 NORTH CLARK STREET STREET 2: 4TH FLOOR CITY: CHICAGO STATE: IL ZIP: 60610 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Zovio Inc CENTRAL INDEX KEY: 0001305323 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 593551629 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1811 E NORTHROP BLVD CITY: CHANDLER STATE: AZ ZIP: 85286 BUSINESS PHONE: 858-668-2586 MAIL ADDRESS: STREET 1: 1811 E NORTHROP BLVD CITY: CHANDLER STATE: AZ ZIP: 85286 FORMER COMPANY: FORMER CONFORMED NAME: Bridgepoint Education Inc DATE OF NAME CHANGE: 20041006 4 1 doc1.xml FORM 4 X0306 4 2020-05-12 0 0001305323 Zovio Inc ZVO 0001246230 COLE MICHAEL P 1811 EAST NORTHROP BLVD. CHANDLER AZ 85286 1 0 0 0 Restricted Stock Unit 2020-05-12 4 A 0 18890 0.00 A Common Stock 18890 18890 D Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. 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, 2020. /s/ Diane L. Thompson, as Attorney-in-Fact 2020-05-14 EX-24 2 poa_cole.htm
POWER OF ATTORNEY

The undersigned, as a Section 16 reporting person of Zovio Inc (the “Company”), hereby constitutes and appoints Diane L. Thompson the undersigned’s true and lawful attorney-in-fact to:


 1.
complete and execute Forms 3, 4 and 5 and other forms and all amendments thereto as such attorney-in-fact shall in their discretion determine to be required or advisable pursuant to Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder, or any successor laws and regulations, as a consequence of the undersigned’s ownership, acquisition or disposition of securities of the Company; and


2.
do all acts necessary in order to file such forms with the Securities and Exchange Commission, any securities exchange or national association, the Company and such other person or agency as the attorney-in-fact shall deem appropriate.

The undersigned hereby ratifies and confirms all that said attorney-in-fact and agent shall do or cause to be done by virtue hereof.  The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934, as amended.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the Company and the foregoing attorney-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 14th day of May 2020.



Signature: /s/ Michael P. Cole 

Print Name: Michael P. Cole