0001567619-22-007797.txt : 20220331
0001567619-22-007797.hdr.sgml : 20220331
20220331202749
ACCESSION NUMBER: 0001567619-22-007797
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220329
FILED AS OF DATE: 20220331
DATE AS OF CHANGE: 20220331
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Carroll Teresa
CENTRAL INDEX KEY: 0001565833
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34272
FILM NUMBER: 22795241
MAIL ADDRESS:
STREET 1: 999 WEST BIG BEAVER ROAD
CITY: TROY
STATE: MI
ZIP: 48084
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
2022-03-29
0
0001305323
Zovio Inc
ZVO
0001565833
Carroll Teresa
1811 E. NORTHROP BLVD.
CHANDLER
AZ
85286
1
0
0
0
Common Stock
2022-03-29
4
M
0
19472
0.00
A
61260
D
Restricted Stock Unit
2022-03-29
4
M
0
3062
0.00
D
Common Stock
3062
0
D
Restricted Stock Unit
2022-03-29
4
M
0
16410
0.00
D
Common Stock
16410
0
D
Restricted Stock Unit
2022-03-29
4
A
0
18890
0.000
A
Common Stock
18890
18890
D
On March 29, 2022, 19,472 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, 2018.
Subject to the reporting person's continuing service, 100% of the restricted stock units shall vest on March 29, 2022.
Subject to the reporting person's continuing service, 100% of the restricted stock units shall vest on March 29, 2023.
/s/ Diane L. Thompson, as Attorney-in-Fact
2022-03-31