John M. Larson - May 12, 2022 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 12, 2022
Transactions value $
$69,978
Form type
4
Date filed
5/13/2022, 04:08 PM
Previous filing
May 7, 2021
Next filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TWOU Common Stock Award $0 +21.2K +24.56% $0.00 108K May 12, 2022 Direct F1, F2
transaction TWOU Common Stock Award $55K +4.91K +4.56% $11.20 113K May 12, 2022 Direct F1, F2, F3
transaction TWOU Common Stock Award $15K +1.34K +1.19% $11.20 114K May 12, 2022 Direct F1, F2, F4
holding TWOU Common Stock 141K May 12, 2022 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, 2023, 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.