0001567619-20-007957.txt : 20200414
0001567619-20-007957.hdr.sgml : 20200414
20200414175130
ACCESSION NUMBER: 0001567619-20-007957
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200413
FILED AS OF DATE: 20200414
DATE AS OF CHANGE: 20200414
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Clark Andrew S.
CENTRAL INDEX KEY: 0001453872
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34272
FILM NUMBER: 20792117
MAIL ADDRESS:
STREET 1: C/O BPE 13500 EVENING CREEK DRIVE NORTH
STREET 2: SUITE 600
CITY: SAN DIEGO
STATE: CA
ZIP: 92128
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
2020-04-13
0
0001305323
Zovio Inc
BPI
0001453872
Clark Andrew S.
1811 E. NORTHROP BLVD.
CHANDLER
AZ
85286
1
1
0
0
Chief Executive Officer
Common Stock
2020-04-13
4
M
0
80980
0.00
A
539069
D
Common Stock
2020-04-13
4
F
0
23849
1.55
D
515220
D
Common Stock
513444
I
By trust
Restricted Stock Unit
2020-04-13
4
M
0
80980
0.00
D
Common Stock
80980
0
D
On April 11, 2020, 80,980 of the reporting person's restricted stock units vested. 80,980 of the reporting person's restricted stock units were settled for an equal number of shares of the issuer's common stock on April 13, 2020, the first business day following the closing price of the issuer's common stock on April 9, 2020, which was the settlement price used to calculate the shares withheld.
Shares held indirectly by the reporting person in the name of the Clark Family Trust, dated July 8, 1998, of which the reporting person is a trustee and in which the reporting person has a pecuniary interest.
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: 100% of the restricted stock units vest on April 11, 2020.
/s/ Diane L. Thompson, as Attorney-in-Fact
2020-04-14