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