JOHN M. LARSON - 05 May 2021 Form 4 Insider Report for 2U, Inc.

Role
Director
Signature
/s/ Matthew J. Norden, attorney-in-fact
Issuer symbol
N/A
Transactions as of
05 May 2021
Net transactions value
+$69,972
Form type
4
Filing time
07 May 2021, 21:16:45 UTC
Previous filing
07 May 2021
Next filing
13 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWOU Common Stock Award $0 +6,054 +7.7% $0.000000 84,720 05 May 2021 Direct F1, F2
transaction TWOU Common Stock Award $54,995 +1,399 +1.7% $39.31 86,119 05 May 2021 Direct F1, F2, F3
transaction TWOU Common Stock Award $14,977 +381 +0.44% $39.31 86,500 05 May 2021 Direct F1, F2, F4
holding TWOU Common Stock 141,430 05 May 2021 By Triumph Capital F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The security represents restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
F2 The shares underlying this restricted stock unit award will vest in full on April 1, 2022, subject to the reporting person's continued service as a director of the issuer as of that date.
F3 The restricted stock units were issued to the reporting person in lieu of annual director retainer fees of $55,000.
F4 The restricted stock units were issued to the reporting person in lieu of annual chair retainer fees of $15,000.
F5 These shares are held by Triumph Capital, LLC ("Triumph"). The reporting person is the sole member of Triumph.These shares are held by Triumph Capital, LLC ("Triumph"). The reporting person is the sole member of Triumph.