McCarty Thomas 4
4 · Zovio Inc · Filed Apr 2, 2019
Insider Transaction Report
Form 4
Zovio IncBPI
McCarty Thomas
SVP/Chief Marketing Officer
Transactions
- Award
Restricted Stock Unit
2019-03-29+46,520→ 46,520 total→ Common Stock (46,520 underlying) - Exercise/Conversion
Common Stock
2019-03-29+7,930→ 9,498 total - Tax Payment
Common Stock
2019-03-29$6.11/sh−2,743$16,760→ 6,755 total - Exercise/Conversion
Restricted Stock Unit
2019-03-29−2,365→ 4,730 total→ Common Stock (2,365 underlying) - Exercise/Conversion
Restricted Stock Unit
2019-03-29−5,565→ 16,695 total→ Common Stock (5,565 underlying)
Footnotes (5)
- [F1]On March 29, 2019, 7,930 of the reporting person's restricted stock units were settled for an equal number of shares of the issuer's common stock.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F3]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.
- [F4]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.
- [F5]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.