John M. Larson - May 22, 2019 Form 4/A - Amendment Insider Report for 2U, Inc. (TWOU)

Role
Director
Signature
/s/ Matthew J. Norden, attorney-in-fact
Stock symbol
TWOU
Transactions as of
May 22, 2019
Transactions value $
$0
Form type
4/A - Amendment
Date filed
5/7/2021, 09:13 PM
Date Of Original Report
Aug 12, 2019
Next filing
May 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWOU Common Stock Other $0 +45.2K +46.98% $0.00 141K May 22, 2019 By Triumph Capital F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 12, 2019, the reporting person filed a Form 4 which inadvertently reported that, as further described in footnote 2, Triumph Capital, LLC ("Triumph"), received 41,689 shares as part of its pro rata consideration in respect of the Company's acquisition of Trilogy Education Services, Inc. ("Trilogy") pursuant to the Agreement and Plan of Merger, dated April 7, 2019, by and among the Company, Trilogy and the other parties thereto (the "Merger Agreement"). In fact, as reported in this amendment and further described in footnote 2, Triumph received 45,208 shares of common stock.
F2 Triumph is a former stockholder of Trilogy. On May 22, 2019 (the "Closing"), Triumph received 45,208 shares and cash as its pro rata consideration in respect of the Company's acquisition of Trilogy pursuant to the Merger Agreement, of which 3,519 shares were held in escrow, with 2,199 of those shares held in escrow until the 12-month anniversary of the Closing, and the remaining 1,320 shares held in escrow until the 18-month anniversary of the Closing.
F3 These shares are held by Triumph. The reporting person is the sole member of Triumph.