Paul A. Maeder - Feb 14, 2022 Form 4 Insider Report for 2U, Inc. (TWOU)

Role
Director
Signature
/s/ Matthew Norden, attorney-in-fact
Stock symbol
TWOU
Transactions as of
Feb 14, 2022
Transactions value $
$1,037,300
Form type
4
Date filed
2/14/2022, 05:23 PM
Previous filing
May 7, 2021
Next filing
May 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWOU Common Stock Purchase $1.04M +110K +151.34% $9.43 183K Feb 14, 2022 Direct F1
holding TWOU Common Stock 39.9K Feb 14, 2022 By Altaheide LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.07 to $9.75, inclusive. The reporting person undertakes to provide to 2U, Inc., any security holder of 2U, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 These shares are held by Altaheide LLC, the sole members of which are certain trusts for the benefit of the reporting person's children. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose