0001567619-21-007323.txt : 20210331 0001567619-21-007323.hdr.sgml : 20210331 20210331192456 ACCESSION NUMBER: 0001567619-21-007323 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210329 FILED AS OF DATE: 20210331 DATE AS OF CHANGE: 20210331 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Burkholder Steve CENTRAL INDEX KEY: 0001708343 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34272 FILM NUMBER: 21795344 MAIL ADDRESS: STREET 1: C/O BRIDGEPOINT EDUCATION, INC. STREET 2: 8620 SPECTRUM CENTER BLVD. CITY: SAN DIEGO STATE: CA ZIP: 92123 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 2021-03-29 0 0001305323 Zovio Inc ZVO 0001708343 Burkholder Steve 1811 E. NORTHROP BLVD. CHANDLER AZ 85286 0 1 0 0 VP, Chief Accounting Officer Common Stock 2021-03-29 4 M 0 7714 0.00 A 8172 D Common Stock 2021-03-29 4 F 0 2733 4.25 D 5439 D Restricted Stock Unit 2021-03-29 4 M 0 592 0.00 D Common Stock 592 0 D Restricted Stock Unit 2021-03-29 4 M 0 1855 0.00 D Common Stock 1855 1855 D Restricted Stock Unit 2021-03-29 4 M 0 2133 0.00 D Common Stock 2133 4264 D Restricted Stock Unit 2021-03-29 4 M 0 3134 0.00 D Common Stock 3134 6266 D On March 29, 2021, 7,714 of the reporting person's restricted stock units were settled for an equal number of shares of the issuer's common stock. 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, 2017. 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, 2018. 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, 2019. Subject to the reporting person's continuing service, the restricted stock units vest as follows: (i) 1/3rd of the restricted stock units vest on the first anniversary of the vesting commencement date, and (ii) an additional 1/3rd 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 2021-03-31