Coretha M. Rushing - 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
+$64,979
Form type
4
Filing time
07 May 2021, 21:17:06 UTC
Next filing
02 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWOU Common Stock Award $0 +6,054 +36% $0.000000 22,866 05 May 2021 Direct F1, F2
transaction TWOU Common Stock Award $54,995 +1,399 +6.1% $39.31 24,265 05 May 2021 Direct F1, F2, F3
transaction TWOU Common Stock Award $9,985 +254 +1% $39.31 24,519 05 May 2021 Direct F1, F2, F4
* 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 committee member retainer fees of $10,000.