Earl Lewis - 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 $
$67,469
Form type
4
Date filed
5/13/2022, 04:13 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 +79.18% $0.00 48.1K May 12, 2022 Direct F1, F2
transaction TWOU Common Stock Award $55K +4.91K +10.21% $11.20 53K May 12, 2022 Direct F1, F2, F3
transaction TWOU Common Stock Award $12.5K +1.12K +2.1% $11.20 54.1K May 12, 2022 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, 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 committee member retainer fees of $12,500.