CLARK ANDREW S. (Chief Executive Officer) exercised options at ZOVIO INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 8/20/2018ACC: 0001567619-18-001509
DirectorOfficer· Chief Executive Officer
Since Aug 2018
-600.99K
Net shares
Net seller
$8.02M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
666.67K acquired · 1.27M disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+666.67K
Price / share
$10.50
Trade value
$7M
% of position
526.9%
8/17/2018
126.54K→793.20K
Common Stock
Direct
Shares
−600.99K
Price / share
$13.35
Trade value
$8.02M
% of position
75.8%
8/17/2018
793.20K→192.22K
Total
Net shares
+65.68K
Net value
-$1.02M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 8/17/2018 | M · Option Exercise | +666.67K | $10.50 | $7M | 526.9% | 126.54K | 793.20K |
| Common Stock Direct | 8/17/2018 | F · Tax Withholding | −600.99K | $13.35 | $8.02M | 75.8% | 793.20K | 192.22K |
| Total | +65.68K | -$1.02M | ||||||
Derivative Transactions1
Stock Option (right-to-buy)
Direct
Converts to
Common Stock
666.67K shares
Shares
−666.67K
Strike price
10.50
Held after
0.00
Exercisable
—
8/17/2018
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option (right-to-buy) Direct | Common Stock666.67K shares | 8/17/2018 | M · Option Exercise | −666.67K | 10.50 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned513.44K
Total
513.44K indirect513.44K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 513.44K | Indirect |
| Total | 513.44K | 513.44K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported