Alexis Maybank - May 5, 2021 Form 4 Insider Report for 2U, Inc. (TWOU)

Role
Director
Signature
/s/ Matthew J. Norden, attorney-in-fact
Stock symbol
TWOU
Transactions as of
May 5, 2021
Transactions value $
$64,979
Form type
4
Date filed
5/7/2021, 09:18 PM
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWOU Common Stock Award $0 +6.05K +51.26% $0.00 17.9K May 5, 2021 Direct F1, F2
transaction TWOU Common Stock Award $55K +1.4K +7.83% $39.31* 19.3K May 5, 2021 Direct F1, F2, F3
transaction TWOU Common Stock Award $9.98K +254 +1.32% $39.31* 19.5K May 5, 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.